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 fundamentally signed a gambling that is 20-year with the Seminole Tribe that would replace the 5-year one which expired on July 31. The statement about the agreement arrived after months of negotiations between your interested events.

Beneath the regards to the brand new compact, the Seminole Tribe and its particular seven gambling venues across Florida would contribute very nearly $3 billion towards the state’s coffers inside the first seven years. As a swap, the tribe is provided the right that is exclusive feature blackjack and also to include roulette and craps at its properties.

The brand new contract additionally allows their state Legislature to start out talking about the addition of slot parlors at current pari-mutuel companies in Palm Beach and Miami-Dade counties. In addition, under the terms of the brand new deal, South Florida racinos will be given the opportunity to request votes on whether or not they must be permitted to feature limited blackjack tables.

Gov. Scott stated in a Monday letter to Senate President Andy Gardiner and House Speaker Steve Crisafulli that the additional income of $3 billion as well as the limit in the gambling choices offered by the tribes can place the fundamentals of the ‘stable and gambling that is predictable’ within Florida’s edges.

Being signed by Gov. Scott, means that the contract will have to be now supported by the home while the Senate. […]