DraftKings Inc.‘s prediction markets hub runs an illegal sportsbook in the Sunshine State and undermines the Seminole Tribe of Florida’s exclusive sports betting agreement there, the nation said in a lawsuit filed Thursday.
The lawsuit swells the ranks of litigation over sports prediction markets nationwide, a question of regulatory power that states, prediction market industry leaders, tribal organizations, and others see as requiring US Supreme Court review.
DraftKings and CEO Jason Robins have eyed the Florida market for years, the tribe told the 17th Judicial Circuit of Florida. The tribe’s suing the company, Robins, and DraftKings Predictions.
When Florida …