Florida sports betting is expected to be big business again
Late in 2023, the Seminole Tribe launched into an agreement that gave the tribe exclusive rights to handle all online sports betting in Florida. The agreement survived a legal challenge and Florida’s share of revenues was $357 million from last December through May, the Seminole Tribe reported in June. State economic forecasters predict that the revenue sharing from tribal gambling could total $4.4 billion through the end of this decade. More from News 4 Jax.
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» How are gambling addiction hotlines dealing with demand as sports betting apps grow?
GRU Authority approves resolutions pushing back against city of Gainesville ordinances
The GRU Authority board on Wednesday passed multiple resolutions directly related to its contentious relationship with the city of Gainesville, including a request that the city remove a referendum from the November ballot that puts the future of the authority in voters' hands. More from the Gainesville Sun.
Tampa Bay has seen extreme rainfall this summer. Can the infrastructure keep up?
The recent intense rainfall, while anomalous, is likely a glimpse into the future. Climate change is expected to cause more frequent storms that will bring heavy rains. Officials say stormwater systems are not equipped to handle so much rain in such little time. And while infrastructure changes are planned in Tampa Bay’s major cities, they may be too costly, and not enough to manage these flooding rains. More from the Tampa Bay Times.
Traffic piling up at Port Canaveral with space industry vessels
The arrival this week of Blue Origin’s new rocket landing support ship marks a busy time for Port Canaveral as government and private maritime ship traffic begins to pick up steam. Earlier this week, the port also hosted the Space Perspective MV Voyager ship, which took advantage of one of the port’s mobile harbor cranes to place a capsule that will someday be used on space balloon flights by the company. More from the Orlando Sentinel.
How Miami’s tourism agency is supporting small Black-owned businesses in hospitality
The Tourism Business Enhancement Program lasts between 15 and 16 weeks and includes sessions and workshops on marketing, plus legal and financial help. Business owners in the program are also connected with networking opportunities designed to help them expand their reach. The program is tailored to the individual business owners based on their needs, so no two participants receive the same type of support or resources. More from the Miami Herald.
Business Beat - Week of September 6th
Get top news-to-know with Florida Trend's headline-focused video news brief, hosted by digital content specialist Aimée Alexander.
Business Profile
Building a business brick by brick in Jacksonville Beach
Legos are big business. The company that originated in Denmark in 1949 generated revenue of $9.78 billion in 2023. Jackson Wagner and his father, John Wagner, are building a business with Lego blocks as its foundation. Their Bricks & Minifigs store in Jacksonville Beach sells only Lego merchandise.
» Read more from the Jacksonville Daily Record.