Share 
A new state-by-state gambling revenue analysis says Florida is a special case among major untapped markets because legal mobile sports betting already exists here, while online casino does not.
The model, published in a Stacker piece carried by ABC17News, estimates how much regulated online gambling revenue states could generate by comparing them with mature markets such as New Jersey, Pennsylvania, Michigan, and Connecticut. For most states in the study, the benchmark assumes both online casino and sports betting. Florida is handled differently because the state already has legal mobile sports betting through the Seminole Tribe’s compact, so the article applies only a casino-only benchmark.
Why Florida was treated differently
According to the methodology described in the report, the four benchmark states averaged about $435 per adult in combined online gambling revenue, but the model discounted that to a more conservative $390 per adult. Florida, however, was assigned a lower casino-only rate of about $300 per adult.
The article says that approach reflects Florida’s current setup: sports betting is already legal on mobile, but there is still no regulated statewide online casino market.
That makes Florida less of a pure legalization story than states such as Texas or Georgia, where broader online gambling products remain unavailable under the model’s framework.
What the broader numbers suggest
The same analysis estimates California could support roughly $12 billion a year in regulated online gambling revenue and Texas about $9.5 billion. Minnesota was estimated at about $1.8 billion, with South Carolina and Alabama just outside the top group at about $1.7 billion and $1.6 billion, respectively.
The report also points to continuing demand outside regulated systems. It cites American Gaming Association research estimating $53.9 billion in illegal and unregulated gaming revenue nationally and more than $15 billion in lost annual tax revenue. It also says sweepstakes casinos remain available in Texas, Florida, and Georgia, even where regulated real-money online gambling is limited or absent.
For Florida players, the practical takeaway is unchanged: legal mobile sports betting exists, but online casino does not. The article is a revenue model, not a legislative update, but it adds to the broader policy debate by arguing that demand does not disappear when a state leaves parts of online gambling unregulated.
What to watch next
The source does not identify any new Florida bill or regulatory action tied to this analysis. For now, the key distinction remains the same in Florida: mobile sports betting is live under the Seminole compact, while online casino legalization is still not in place. As always, players should use legal options and gamble responsibly.
—
Source: As reported by Stacker.
