New Florida Gov. ready to expand gaming

[parisron]

Seminoles to fight destination casinos

http://www.sun-sentinel.com/fl-semin...,5638508.story

[Pyramid_Scam]

Seminole Compact is Toast

http://m.sunshinestatenews.com/feedi...-compact-toast

[Lord_Strife]

This is gonna be real intriguing down the stretch. Not fully sure what I'm supposed to be rooting for.

[PokerXanadu]

Originally Posted by Lord_Strife

This is gonna be real intriguing down the stretch. Not fully sure what I'm supposed to be rooting for.

For live poker, I think we have everything we need at the moment. Bringing in resort casinos could cause some of the pari-mutuels to close their doors, but I'm sure the new casinos would have poker as well - maybe with bigger events down the road.

If we don't get a federal bill for online poker, the Florida legislature will no doubt consider intrastate i-poker again. Having resort casinos will just make settling on a bill more complex as there will be more vested interests vying for their advantages. It could also make the question of opting in to a federal bill more difficult as well.

Personally, I think the current "status quo" of live poker is fine, and adding resort casinos probably increases somewhat the chances of i-poker prohibition for FL. I also think the resort casino bill as written is a bad deal for FL state revenues, although that could be fixed by amendment. On the plus side, there will be some job creation and some increased tourism for FL.

I, too, don't know yet what I'm rooting for.

[sba9630]

Originally Posted by Pyramid_Scam

Seminole Compact is Toast

http://m.sunshinestatenews.com/feedi...-compact-toast

Fixed link

[parisron]

Wynn expresses intrest in potential for Miami Beach hotel-casino

http://www.lvrj.com/blogs/stutz/Wynn...o.html?ref=623

[parisron]

Gambling in Florida may be set to explode

http://www.orlandosentinel.com/news/...0,251906.story

[white_lytning]

Thanks for these updates. Ron, you still playing mostly at Tampa HR? I'm going to be over to Tampa in mid December to play for the first time, would be nice to meet you, been reading your posts for a while.

[parisron]

Yep, at HR. PM me when you get here.

[parisron]

Florida casinos bill a catch-all, addressing the lottery, dog tracks, jai-alai, and Internet cafes

http://www.palmbeachpost.com/news/st...inglePage=true

[pk_nuts]

Does the 35% gaming tax paid by racinos apply to slots and poker the same? IN pennsylvania for example the tax on slots is set higher then the tax on table games. IM not sure what the slot tax is maybe 40% or higher but the tables games tax is 18% or 16%. Also these taxes are on gross gambling earnings.

[PokerXanadu]

Originally Posted by pk_nuts

Does the 35% gaming tax paid by racinos apply to slots and poker the same? IN pennsylvania for example the tax on slots is set higher then the tax on table games. IM not sure what the slot tax is maybe 40% or higher but the tables games tax is 18% or 16%. Also these taxes are on gross gambling earnings.

It's just for slots. The gaming tax for poker is 10%.

[parisron]

Internet poker an equity exit at Caesars Entertainment Group?

""What we have here," one observer confided – very much tongue is cheek – "is a wonderful opportunity for gaming attorneys and other imaginative strategists to earn their big bucks as they search for loopholes in the interpretation of the law as it now appears to exist."

Much of the speculation has to do with what Indian tribes may attempt as they leap at possible opportunities to use the Internet for poker. The busiest casino in the U.S. is said to be the Seminole-owned Hard Rock just east of the Tampa and St. Petersburg area on Florida’s Gulf Coast. It’s a brand with broad market appeal.

The Seminoles have been among the most aggressive of American Indian groups when it comes to utilizing opportunities they argued were open to them because of their status as sovereign entities and the existence of state sanctioned gaming in the states where they are located."

http://gamingtoday.com/articles/arti...tainment_Group

[parisron]

A big bet on casinos

http://www.tampabay.com/opinion/edit...asinos/1209330



Bad plan for casinos getting worse

http://www.tampabay.com/opinion/edit...-worse/1209521

[parisron]

Gambling bill passes first hurdle, but measure has a long way to go

http://www.naplesnews.com/news/2012/...but-measure-a/


Senate panel give OK to all-encompassing gambling bill, but measure has a long way to go

http://www.tcpalm.com/news/2012/jan/...assing-bill-a/