Supreme Court Halts Online Sports Betting Deal in Florida

Established casino operators say the state of Florida gave the Seminole Tribe an illegal sweetheart deal.

Republican presidential candidate Florida Gov. Ron DeSantis speaks at the Iowa Faith & Freedom Coalition's fall banquet in Des Moines, Iowa, on Sept. 16, 2023. Bryon Houlgrave/AP Photo

The Supreme Court has temporarily suspended a lower court ruling that allowed a $2.5 billion online sports betting deal between Florida and the Seminole Tribe to move forward.

Online sports betting is a rapidly growing industry. The market is expected to reach $7.6 billion in the United States in 2023, according to the Statista website.