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Seminoles Agree to Lawmakers' Casino Gambling Proposal
TALLAHASSEE, FLORIDA --
The Seminole Tribe of Florida approved a measure to govern casino gambling expansion in the state Wednesday. The deal, devised by state legislators seeking to end decades of disagreement over Florida gambling, will advance to the governor and legislature for final approval.
Several previous deals arranged between the tribe and Governor Charlie Crist could not find support with state lawmakers. But the latest consideration came with the blessing of key legislative voices, including Representative Bill Galvano.
Galvano had been instrumental in blocking earlier efforts.
Payments to the state under the new plan are higher than in others, starting with $150 million payments and accelerating to $234 million annually by the end of the compact. But the significant difference is the short five-year span, much less than the twenty-year deals earlier reviewed.
By shortening the binds of the deal, lawmakers keep open the chance to make major deals with casino operators such as Las Vegas Sands, who propose building gambling palaces on Florida beaches.
If Crist and the legislature sign off on the compact, the US Department of the Interior has the final right of approval.
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