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The businesses that were suing the Seminole Tribe took a blow in June, if the U.S. Supreme Court refused to take up a problem to an agreement that gave the Seminole Tribe exclusive rights to handle online athletics betting in Florida. The country’s greatest court docket denied a petition from opponents of your compact, which promises to rake in numerous countless pounds for your tribe as well as the point out.
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The tribe released its online sporting activities betting Procedure late very last calendar year, and point out economic forecasters forecast which the earnings sharing from tribal gambling could whole $4.4 billion with the stop of the ten years.
“As opposed to participating in decades of added litigation, this settlement will allow the parties to work collectively to advertise Jai Alai, that has played a vital purpose in Florida’s gaming landscape for nearly 100 a long time,” Seminole Gaming CEO Jim Allen reported in a statement.
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Blockchain Technology in Casinos
Blockchain ensures transparency and security. Every transaction is recorded on a public ledger, enabling fair play and preventing manipulation.
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