The legalization of online sports betting in Florida is facing legal challenges, with a decision expected in the coming weeks. The lawsuits, filed by West Flagler Associates, argue that online sports betting outside of Seminole tribal territories may violate state and federal regulations. The outcome could impact sportsbook companies like DraftKings (DKNG) and FanDuel (PDYPY), who are backing some of the lawsuits in an effort to secure a share of the market. Depending on the rulings, Florida residents may only be able to place online wagers with Hard Rock Bet, owned by the Seminole Tribe.