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Florida slot vote in January31 August 2007FLORIDA -- As reported by the Florida Trend: "Miami-Dade County voters will decide in January whether to allow Vegas-style slot machines there. The Seminoles are poised to expand their impressive gambling operation. Las Vegas-based Boyd Gaming's Dania Jai-Alai in Broward County expects to open its Vegas slot machines later this year. And for a time in the last legislative session, statewide video lottery gambling was on the table. "Gambling's on the march in Florida, but the first partial year of Vegas slot revenue numbers raises the question of whether the market is saturated already. "The state had projected average revenue of more than $200 per machine daily; some independent analysis had put it as high as $400. But Gulfstream Park in Hallandale Beach, the first Broward pari-mutuel to open slots, hit $400 a machine only in November, its first partial month, before falling off to $70 in May and June. Mardi Gras Gaming in Hallandale Beach was under $200 per machine in April, May and June. Isle Casino & Racing in Pompano Beach, which opened in April, fell under $200 in the second month of operation. "...For the pari-mutuels, the key problem is the Seminole Hard Rock Hotel & Casino in Hollywood. A ubiquitous casino advertiser that also gets publicity from rock concerts, the tribe has proved a formidable adversary even when stuck with the video-bingo Class II, slotlike machines..." |