Florida: Governor raises questions about Kalshi crowding Seminole Tribe gambling rights

Monday, February 23, 2026 3:07 PM
Photo:  By Gage Skidmore from Surprise, AZ, United States of America - Ron DeSantis, CC BY-SA 2.0, https://commons.wikimedia.org/w/index.php?curid=121859446
  • A.G. Gancarski, Florida Politics

Where do prediction markets stop and where does gambling begin?

That’s a question Gov. Ron DeSantis suggests is relevant for state-level policymakers, as he named one particular market that he believes could conflict with the Seminole Gaming Compact, which gives the Tribe exclusive sports betting rights in the state.

“This is something (that) really within the last year has really become a big deal,” DeSantis said on CNBC’s “Squawk Box.” “In Florida, we kind of have a unique relationship with the Seminole Tribe of Florida. There was things done long before I was Governor to give them exclusive rights over gaming.”