Florida Governor Signs $3-Billion Seminole Tribe Gaming Compact
Later on Monday, Florida Gov. Rick Scott ultimately finalized a 20-year gambling compact because of the Seminole Tribe that would replace the 5-year one that expired on July 31. The statement about the contract arrived after months of negotiations involving the parties that are interested.
Beneath the regards to the newest lightweight, the Seminole Tribe and its own seven gambling venues across Florida would add nearly $3 billion towards the state’s coffers inside the first seven years. In exchange, the tribe could be issued the right that is exclusive feature blackjack and to add roulette and craps at its properties.
The agreement that is new permits the state Legislature to begin discussing the addition of slot parlors at existing pari-mutuel companies in Palm Beach and Miami-Dade counties. In addition, underneath the regards to the deal that is new Southern Florida racinos will be given the chance to request votes on whether they must be permitted to feature limited blackjack tables.
Gov. Scott said in a Monday letter to Senate President Andy Gardiner and home Speaker Steve Crisafulli that the additional income of $3 billion and also the cap on the gambling options made available from the tribes can place the foundations of a ‘stable and gambling that is predictable’ within Florida’s edges.
Being signed by Gov. Scott, means that the contract will now have to be backed by the House and also the Senate. The Senate’s lead negotiator expressed optimism in regards to the eventual success of this compact that is 20-year. (altro…)
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