politics

Florida lottery bill could slash education payouts by up to $235 million That’s an eighth of the $1.86 billion the lottery will contribute to education this year.

A bill aimed at prohibiting online lottery ticket sales could have an unintended side effect. According to the Revenue Estimating Conference, a provision in Bradenton Rep. Will Robinson’s HB 629could reduce the Florida Lottery’s annual deposits into the Educational Enhancement Trust Fund by up to $235 million a year.

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Federal sports betting law will impact NJ, other states

The American Gaming Association, the industry's lobbying group, said the proposal "is the epitome of a solution in search of a problem, representing an unprecedented and inappropriate expansion of federal involvement in the gaming industry, which is currently one of the most strictly regulated in the country."

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