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Revised Florida compact drafted3 October 2007FLORIDA -- As reported by the South Florida Sun Sentinel: "In the latest draft of a proposed gambling compact between the Seminole Tribe of Florida and Gov. Charlie Crist, released Tuesday by the state, tribal leaders offer to phase in the conversion to Las Vegas-style slots, which deliver higher returns to players and casino owners. "The tribe proposed converting 75 percent of its video bingo terminals within two years and the rest within five years, and would give the same amount of money to the state regardless of whether they converted all of the machines, according to the draft. "Crist and tribal representatives have been meeting for five months to negotiate an agreement that would expand the tribe's gambling rights. The state is motivated to reach an agreement because the U.S. Department of the Interior has warned it could step in and allow the tribe to have traditional slot machines, leaving the state without a cut of the money. "...The governor's office reiterated what Crist said Monday, that he thinks there could be an agreement within a month..." |