Gaming expansion proposed in Florida
The Florida Senate has introduced a gaming expansion bill that would allow the Seminole resorts to offer craps and roulette, and in exchange for a full roster of table games the tribe would pay $400m a year.
The proposal would also allow Broward and Miami-Dade racetracks to have blackjack, no-limit poker, and a lower tax rate (from 50% to 35%) and let Jai-alai frontons and racetracks across Florida to have slot machines.
The Senate Regulated Industries committee could hold a first vote on the matter today.
Meanwhile, the House backs a proposal that would no longer allow the Seminole Tribe to operate table games at its casinos but would get the exclusive right to operate slots outside of South Florida in exchange for $100m a year to the state.