Las Vegas Sands has Donated Millions into Florida Lately
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Las Vegas Sands has donated millions to one of Florida's political committees in an effort to break into the state's growing casino industry. The company may also benefit from the expected legalization of sports betting here.
Las Vegas Sands has donated millions to Florida recently. The company has been struggling since the closure of all casinos in Las Vegas. Most casinos reopened in June, but tourism figures in the city remained low. Las Las Vellas Sands operates a lot of casinos across Asia. It sold several of its US casino-resorts to focus more on operations in Asia, including The Venetian Casino-Resort located on the LasVegas Strip.
Las Vegas Sands has donated millions into Florida recently.
Reports confirm Las Vegas Sands has donated millions to a political committee called Florida Voters in Charge in an attempt to get a spot on the voting ballots to open a casino-resort in Florida. Several major commercial gaming companies have expressed interest in operating in the state. Many companies are interested in launching sports gambling operations in this state, as more than 30 states have approved measures to legalize it. DraftKings and FanDuel donated $17 million to the Florida Education Champions political Committee, which is pushing for sports betting to become commercially available in that state and it's also interested to invest in sports casinos.
DraftKings and FanDuel donated millions to Florida Lately. The amendment will direct hundreds of millions of additional dollars toward Florida’s Educational Enhancement Trust Fund and open up the market for online sports betting to competition.
