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Florida Governor Signs $3-Billion Seminole Tribe Gaming Compact

Florida Governor Signs $3-Billion Seminole Tribe Gaming Compact

Late on Monday, Florida Gov. Rick Scott sooner or later finalized a gambling that is 20-year with the Seminole Tribe that would replace the 5-year one that expired on July 31. The statement concerning the agreement arrived after months of negotiations between your interested parties.

Under the terms of the brand new lightweight, the Seminole Tribe and its seven gambling venues across Florida would contribute nearly $3 billion towards the state’s coffers inside the first seven years. In trade, the tribe would be issued the exclusive right to feature blackjack and also to include roulette and craps at its properties.

The new agreement also enables the state Legislature to start out speaking about the addition of slot parlors at existing pari-mutuel businesses in Palm Beach and Miami-Dade counties. In addition, beneath the regards to the brand new deal, South Florida racinos could be provided the chance to request votes on whether they must be allowed to feature limited blackjack tables.

Gov. Scott said in a Monday letter to Senate President Andy Gardiner and House Speaker Steve Crisafulli that the additional revenue of $3 billion while the cap regarding the gambling choices made available from the tribes can place the fundamentals of the ‚stable and predictable gambling environment’ within Florida’s borders.

Being finalized by Gov. Scott, means that the contract will have to be now backed by the House plus the Senate. Czytaj dalej Florida Governor Signs $3-Billion Seminole Tribe Gaming Compact