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Florida casino ship pays up

FLORIDA – As reported by the St. Petersburg Times: "The city has received more than $152,000 in promised revenue from a bankrupt casino ship that went bust after less than a year at the city's port, city officials said Tuesday.

"The payment amounts to almost all of the $161,000 the city says it was owed by the Ocean Jewel and owner Titan Cruise Lines and ends the city's relationship to the gambling vessel, officials said.

"The money is likely one of the bigger paydays associated with the fledgling ship, which was plagued by mishaps before ceasing operations in October 2005.

"…The money offsets unpaid dock rents for the 450-foot-long vessel at the Port of St. Petersburg, Winn said. Titan had agreed to pay the city $9,000 a month in docking fees through 2008…"

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