Florida reaches gambling agreement with Seminole tribe

Florida Gov. Ron DeSantis reached an agreement with the state's Seminole Tribe on Friday that would greatly expand gambling in the state, adding legalized sports wagering as that once mostly illegal activity continues to grow nationwide.

The tribe would be allowed to offer sports gambling at its casinos in South Florida and near Tampa and to license horse tracks, jai-alai frontons and former dog tracks to accept such wagers on its behalf for a share of the income, the Republican governor announced.

The tribe will also be allowed to introduce craps and roulette at its seven casinos, including the popular Hard Rock near Fort Lauderdale. The state would get at least $2.5 billion from the tribe over the first five years and at least $6 billion by 2030. DeSantis, in a statement, said he expects the pact to create 2,200 new jobs

https://news.yahoo.com/florida-reaches-gambling-agreement-seminole-171139494.html

 

Absolutely the worst deal of all times. Essentially Florida has given a monopoly on gambling to the seminoles. What a joke.

 

I went to the Immokalee Seminole Casino before lock down it's a very nice property. However tight slots, bad pay tables and high minimums I'm in no hurry to go back.

TomTWI

 

Well the worst deal of all time is DC's exclusive sports betting deal with Intralot. This can be second, though.

 

I'm not sure this particular deal is what gave the Seminoles a monopoly on gambling in Florida, but it doesn't help. Amendment 3 back in 2018 did that.

 

On the one hand, monopoly, meh. But they already effectively had that, for the most part. But on the bigger hand, be pretty cool to be able to play full real craps in Florida!

 

I wonder if they will have online betting and who will run it...

 

That's only for the non-stadium properties (i.e., bars and taverns). The stadium properties are with major operators like WH. And to be fair, they had to do something to standardize things; it's not like I'd want Rocket Bar running a sports wagering operation themselves.

 

Yeah, this has been the case for quite some time. There's that weird blackjack exclusivity, too, which pops up in court every now and then.

Not that I spend much (or any) time gambling in Florida, but I'm personally of the opinion that if you're going to allow table games, then why not craps. Same goes for the California rules. Not to mention, at the risk of getting into political commentary, it amazes me that for years many states didn't allow wagering... unless it was on horses running in an oval.

 

Sure but the William Hill app only works within 2 blocks of the physical location at Capital One.

The only app you can use outside that window is the shitty Gamebet Intralot app and their terrible odds. And 75% of the action on the District is taking place at the arena because the app is so bad.

Virginia opened it up to all major operators and the competition is terrific for customers.

 

That was intentional -- it's Class A vs. Class B operators. And the Intralot app only works on-site (or at least, that's what the regs say, it can only been within the licensed facility for Class B).

 

Our Tampa Bay newspaper ran a thoughtful editorial on the new compact yesterday. It points out that Florida is hurting for revenue due to the pandemics impact. The updated agreement would promise a most needed source of income for the State. On the other hand, it points out that the vices of Vegas were mostly exported to all points out of Nevada until the population of Vegas significantly grew and the personal financial distress of addicted locals became apparent. While the Florida legislature may go along and ratify the governors new plan, there will be a legal challenge presented. Florida’s Amendment 3 passed in 2018 requires voter approval of any gambling expansion. To date, the people here have not voted for this. The new compact can only be held in doubt at this point. What started off to be approval for live craps and roulette has evolved into a whole other issue over the expansion of sports gambling occurring around the country.

 

I understand giving Tribes gambling compacts, but I don't care much for monopolies (are you out there comcast?). here in Wa we have what are called mini casinos. Basically privately owned card rooms (BJ, Carney games and poker). The state gave out far too many licenses and most went out of business. At one point they tried for just 10-15 machines per location, but the Tribes fought it and won. I'd just like to see the playing field leveled just a bit.

 

The Florida legislature convenes tomorrow to begin deliberation on the new proposed compact between the Governor and the Seminole Tribe. The approval for live craps and roulette has been drown out by the prospects of online and in house sports betting here in Florida. Given the state’s population and tourism. it could become the dominant sports book in the country. There are many pros and cons to this. Another component in the compact is the permission for HR to either build or subcontract three new casinos in Tampa, Hollywood and Brighton. MGM, CET and whichever else could yet gain a foothold in the state. I have no idea what will occur but it is possible that Florida could soon make a huge splash in gambling countrywide.

 

Missouri goes out of their way to make sure companies don’t have a monopoly in the St. Louis area when casinos are bought and sold, which happens a lot around here.

 

Miami billionaire Norman Braman, a leader of the group of business owners and others opposed to gambling's expansion as a detriment to South Florida, said Friday they will try to block the agreement in the Legislature.

 

The Florida Legislature approved the new Seminole compact today. There will undoubtedly be legal moves against its enactment which will continue for months. The issue will remain in doubt for some time.

 

I guess hands have to be washed all over the place and some backs scratched to get this done ?

 

agreed. Any state with a tribal casino should legalize gambling. Not make deals to expand their operations

 

https://floridapolitics.com/archives/446498-seminole-compact-likely-approved-by-default/

Interesting to see how it plays out...