DraftKings, FanDuel Fight to Crack Tribe’s Sports-Bet Monopoly

The Seminole Tribe, whose gambling empire rakes in $3 billion a year for its 4,200 members, is fighting a campaign by some of the biggest names in gambling to take a piece of its Florida sports betting monopoly.

Two wager giants, DraftKings Inc. and FanDuel Inc., have pumped $10 million each into getting a referendum on Florida ballots next year to legalize sports betting outside Seminole lands. Las Vegas Sands Corp. kicked in $17 million for a separate referendum to open up gambling in Jacksonville and the Panhandle. They’ve hired hundreds of signature gatherers, backed by high-powered lobbyist-consultants, and ...