CasinoCityTimes.com

Home
Gaming Strategy
Featured Stories
News
Newsletter
Legal News Financial News Casino Opening and Remodeling News Gaming Industry Executives Search News Subscribe
Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter!
Related Links
SEARCH NEWS:
Search Our Archive of Gaming Articles 
 

Florida gaming deal questioned

15 November 2007

LLAHASSEE, Florida -- As reported by the Miami Herald: "The gambling compact Gov. Charlie Crist signed with the Seminole Tribe on Wednesday is historic. Whether it means blackjack is coming to the tribe's casinos anytime soon is another matter.

"As soon as the governor and tribal chief Mitchell Cypress triumphantly announced the deal, threats of lawsuits and predictions of doom flew.

"Some state lawmakers say the pact violates their right to control the expansion of gambling in Florida. Gambling industry officials say the deal would be a fatal blow to a struggling parimutuel industry that recently added slot machines in Broward County and could soon do the same in Miami-Dade.

"...Under the deal Crist signed with Cypress, the state agrees to allow the tribe to operate Vegas-style slot machines and card games such as blackjack and baccarat at its seven casinos. In return, the tribe will pay the state at least $100 million a year for 25 years, and as much as $1 billion over the first five years..."

< Gaming News