From the moment everyone got the Florida betting news that things were going to get relaunched a couple years ago, things have been brilliant for the state. There's been a ton of buy-in from people making their wagers, as the Hard Rock App continues to be the sole legal betting option for people from an online standpoint. However, it continues to be pointed out that prediction markets are complicating Florida sports betting a bit.

That's because despite the Hard Rock app indeed being the only option for legal sports betting in the state through the deal with The Seminole Tribe, prediction markets are still under operation. Throughout the entire country, places like Kalshi and Polymarket are regulated at a Federal level. With this, it has opened the door for people in Florida to use it the same way it would the Hard Rock app. This is taking business away from The Seminole Tribe, no question.

“There’s so many other legal challenges and ultimately we’re gonna have the Supreme Court settle all of them," reporter Ryan Butler said in a recent article breaking down the prediction markets over in Florida being used. "So, it’s almost like save the billable hours if you’re the lawyers and all that. I don’t know that specifically, but I do think that’s kind of what the Seminoles are looking at.”

As most of you know, the tribe and Governor Ron DeSantis signed a 30-year pact, which gives the Seminoles full operation of sports betting in the state. It's a deal that's expected to be worth billions of dollars. With that control, The Seminole Tribe surely can't be happy with the prediction markets taking business away, and this is something that DeSantis himself has brought up in recent months.

The prediction markets are impacting the World Cup for The Seminole Tribe

Looking at things a bit closer, no one can argue with the fact that the prediction markets are impacting the World Cup for The Seminole Tribe. Right now, the biggest soccer tournament in the world has taken center stage, with games being played in the USA, Canada and Mexico. With that, though, World Cup betting is through the roof, as people are consistently checking the updated odds.

With that, however, we can go ahead and assume that in addition to using the Hard Rock app, plenty of people are also checking out Kalshi and Polymarket for their betting needs. The World Cup still has a little over a month left until the final gets here, so we already know that bets are going to continue to be on the rise.

With this, how much revenue could Florida be looking at losing if prediction markets continue to take business away? It's difficult to put an official number on things, but it won't be a small chunk of change. This could give Florida yet another reason to try and get things figured out as soon as possible, but we've seen other states not have success in having a swift decision be made. The hope is some more clarity will arrive here a little bit sooner rather than later.

France and England continue to get a lot of World Cup futures bets placed on them

This all matters for Florida, as France and England continue to get a lot of World Cup futures bets placed on them. So, if people are betting on the two European giants through the prediction markets to go on and win it all, it's bad news for the Hard Rock App and The Seminole Tribe.

It's also not a surprise that they have the best World Cup betting odds at +440 and +550, respectively. In France's first game of the tournament, Kylian Mbappe scored two goals in a strong win over Senegal at MetLife Stadium. As for England, the Three Lions took on Croatia, with a 3-1 victory being posted.

Manchester United star Marcus Rashford, who just wrapped up the season with FC Barcelona after being on loan, scored the final goal of the match with a thumper that found the back of the net. With France and England looking so strong, more and more bets will be coming in on them to win the World Cup. But, the more those bets are placed through prediction markets, the bigger a headache it's going to be for Florida and DeSantis.