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South Florida casino boats drowning12 August 2008FLORIDA - As reported by the Bradenton Herald: "South Florida's floating-gaming industry may be running out of luck. "SeaEscape Entertainment, the only gaming vessel left at Port Everglades, on Monday informed Broward County its last sailings from Port Everglades will be Sunday. In recent months, Horizon's Edge Casino Cruises and Aquasino have ceased operations in Miami-Dade County. "And Palm Beach Princess is on the auction block -- raising the possibility that a buyer may want to relocate the vessel from Port of Palm Beach. If that happens, it could leave SunCruz Casinos in Key Largo the only remaining floating-gambling business in South Florida. "SeaEscape, the only gaming vessel left at Port Everglades, announced its last sailings from the port will be Sunday. "...SeaEscape, while current on payments to the port, had failed to maintain reserves. That prompted the port to terminate a wharfage agreement with SeaEscape and require SeaEscape to pay fees in advance, Allen said. "...Another sign SeaEscape may have cash-flow issues: Some crew claim they haven't been paid their salaries. Miami maritime lawyer Ross B. Toyne last week sued M/V Island Adventure, SeaEscape's vessel, on behalf of six crew members..." |