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Casino giant Genting hedging its bets on gambling expansion in Florida22 July 2012The Tampa Bay Times is reporting that the Genting Group, which bought the Miami Herald building in downtown Miami with $236 million in cash in 2011 and tried unsuccessfully to get destination resort casinos approved by lawmakers this year, has spent $1.3 million so far in the 2012 election cycle. According to the Tampa Bay Times report, half of Genting's money has been steered into a petition drive for a pro-casino amendment to the state Constitution that would bypass the Legislature to bring casinos to Florida. The other half of its cash so far — $486,000 to the Republican Party of Florida and $111,000 to the Florida Democratic Party — was primarily given before the legislative session and is being used to back incumbents or political committees. |