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They can own a boat, but you need to check your state laws as what age a person can operate a boat.
In Florida, a person must 14 years of age to legally operate a PWC.
A person must be at least 14 years of age to operate a PWC in Florida.
There is no licensing required to own and operate a riding lawnmower.
If your passengers are not in danger
14 is the youngest age you may be to operate a boat. but the legal age to do the boat license test is 16. The laws will be different from state to state, but on average anyone over the age of 12 can take a local boaters safety course which will allow them to operate a personal watercraft on public waters, there are restrictions attached.
14
in Florida you have to be 16 to operate a jetski alone
12
All persons must be at least 14 years of age to legally operate a motorboat or PWC unless under the direct, onboard supervision of a parent, guardian, or other person 16 years of age or older. - Missouri boat regulations website
You can own a motor vehicle at any age in Florida. You just can't operate in on the roads until you are 16 years of age and properly licensed.
Every boat will set its own minimum gambling age. Some of the boats allow gambling at age 18, will others set there minimum age to 21. Because each boat is on the water, it does not take part in Florida state law, by federal law. While the minimum federal age for gambling is 18 many casinos require you to be 21 if there is a bar located on the boat.