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Class 3 table games coming at 2:15 today?


V. Barbarino

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Guest Mayor
I would like to go on record that I'm against this.. I say give back the 100m a year and let the big boys from Vegas crash S florida and crush the Indians..

Still saying its not coming?

Dont want to say I told you so......

but -

Here is the link: http://www.sun-sentinel.com/sfl-1114gamblecompact,0,1945286.story?coll=sofla_tab01_layout

Here is the story:

Tallahassee - Gov. Charlie Crist and Seminole Tribal Chairman Mitchell Cypress today signed a gambling compact agreement that lets the tribe dramatically expand its casino operations in exchange for giving the state a share of the proceeds.

Members of the tribal council joined Crist for a news conference in Tallahassee, and at the end of it they signed a 25-year deal that brings to a close 16 years of negotiations.

The deal allows the Tribe to operate Las Vegas style slot machines and banked card games, like baccarat and blackjack, at the seven casinos they now operate around the state. Additionally, six no-limit poker games will be allowed each year, with 70 percent of the revenue going to charity.

In return, the state will get $50 million from the Tribe as soon as the federal government approves the compact. After that, the state will get guaranteed minimum annual payments of $100 million. Starting in the third year of operation, the state will receive between 10 and 25 percent of the gambling revenue, based on how much money the Tribe takes in. The Legislature will appropriate the money, but Crist is asking that 95 percent be earmarked for education and the remaining 5 percent go to local governments impacted by the increased activity at the Seminole casinos.

"It's the right thing to do," Crist said of the agreement. "If we don't, the feds will and the state will get zero."

As for those who don't like the idea of expanded gambling, the governor said, "If people don't like gambling, they shouldn't go."

The sealing of the long-sought deal on Seminole gambling comes one day before the deadline set by the U.S. government for the state and tribe to reach accord and the same day state economists are likely to reveal that tax revenues may fall up to $2 billion short of what's needed to fund the current state budget.

Last week the U.S. Department of Interior gave the state until this Thursday to complete the deal with the tribe or the federal government would impose "procedures", a process where the Indian casinos would get expanded gambling without a guarantee of any financial benefit for the state.

Federal officials have cautioned the state that the Tribe was left an "unfair playing field" after voters approved Class III, or Las Vegas-style, slots in Broward County. The Indian casinos now are allowed to offer only Class II slot machines that offer bingo odds and are not as lucrative for the player or the casino.

Both sides have said for months that they were close to agreement, but Crist has been on a trade mission to Brazil for the past week, only returning on Monday and apparently agreeing to the deal Tuesday.

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Guest RzO
shit, nevermind. no dice. but the sin shall come anyway!

you better believe it!

this is great news, soon when i go to gryphon I can actually go to the casino and play blackjack, go a lil early stay a lil later.

Its a wonderful thing! :)

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Guest deprivation
you better believe it!

this is great news, soon when i go to gryphon I can actually go to the casino and play blackjack, go a lil early stay a lil later.

Its a wonderful thing! :)

Agreed. How long 'til the Federal government approves and we actually see the tables and new slots on the floor?

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Guest jkfunkee

disney is wired for gaming since the middle 90's, if gambling comes to FL 4 real vegas is gonna look like atlantic city in the 80's.

late,

j

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