Florida is suffering from a $3.2 billion shortfall in its budget, which includes a very hard hit to education. The problem? Florida
It looks like the state of Florida and the Seminoles just might be reaching a deal that everyone can live with. Maybe.
This deal comes down to compromise.
From the looks of it the Seminoles would get to keep their exclusivity to blackjack and Vegas-style slots. But the pari-mutuels would get extended hours of operation, increased buy-ins at their poker tables and bingo style betting machines; there
You have to give it to the Seminole Tribe. They never give up.
The Seminoles and Florida are going another round to try to find a solution to blackjack tables that both sides can agree on. And it seems that both sides are finally reaching a real potential compromise.
In this new proposal, the Seminoles would get their blackjack tables and they would be their casinos would be the only ones outside of Broward and Miami-Dade counties to have them. The Seminoles would have to pay $430 million right away and then another $150 million each year for the next five years.
But on the state side, no pari-mutuels would be allowed to have table games. If either the state legislature walked away from this deal in the next three to five years, or if pari-mutuels outside of Broward and Miami-Dade counties started up table games, then the Seminoles would be allowed to stop paying the state.
The comprise is that the Seminoles would get to keep their table games but they would not be getting long-term exclusive rights. This is good for the state since it allows for future table game expansion down the road.
But the best thing about this potential agreement is that blackjack tables will be found in Florida, and that money
It finally seems that the states are waking up in regards to online gambling and online blackjack. Last week, in light of Pennsylvania approving table games, New Jersey is looking at legalizing online gambling for its residents. Now it seems that Florida may go down that road too.
Florida itself doesn