Florida Governor Signs $3-Billion Seminole Tribe Gaming Compact
Later on Monday, Florida Gov. Rick Scott ultimately finalized a gambling that is 20-year because of the Seminole Tribe that will replace the 5-year one which expired on July 31. The statement in regards to the agreement arrived after months of negotiations between the parties that are interested.
The Seminole Tribe and its seven gambling venues across Florida would contribute almost $3 billion to the state’s coffers within the first seven years under the terms of the new compact. In exchange, the tribe would be provided the right that is exclusive feature blackjack and also to add roulette and craps at its properties.
The brand new contract additionally allows the state Legislature to start speaking about the addition of slot parlors at current pari-mutuel companies in Palm Beach and Miami-Dade counties. In addition, beneath the terms of the deal that is new Southern Florida racinos could be offered the opportunity to request votes on whether or not they should be permitted to feature limited blackjack tables.
Gov. Scott stated in a Monday letter to Senate President Andy Gardiner and home Speaker Steve Crisafulli that the additional income of $3 billion therefore the cap regarding the gambling options provided by the tribes can place the foundations of a ‘stable and predictable gambling environment’ within Florida’s edges.
Being finalized by Gov. Scott, implies that the agreement will will have to be supported by the home while the Senate. (mais…)
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