DraftKings, FanDuel put up $20 million to legalize sports betting in Florida

Florida Education Champions is the name of the political committee backing the sports betting initiative. A new law set to take effect on July 1 could make it harder for the committee to raise money. It placed a $3,000 limit on contributions to committees collecting signatures for ballot initiatives, but a federal judge blocked the new law from taking effect on the grounds that it runs afoul of the First Amendment.