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Old 10-04-2007, 12:16 PM
bigslickmark bigslickmark is offline
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Join Date: Jun 2007
Posts: 43
Default Re: Florida To Get Blackjack and More

By the way the proposed rules are out regulating poker in Florida:

http://www.myflorida.com/dbpr/pmw/docume...-2007-09-28.pdf

Nothing crazy imo. If the Indians sign the compact, they will agree to the same types of rules seen here. If not, 24 hour poker will continue and they also may try to increase stakes due to their liberal interpretation of Florida legislative law.

If you are a poker fan you may not want the compact to pass. Or if it does pass, the pari mutuels will be hurt throughout the state and may pressure the legislature to liberalize poker rules further with respect to hours, buy in and bet size. It's hard to say how this will play out.

The other thing that is interesting is that Dade and Broward will have a special carve out in the exclusivity clause. Basically, what is says is that pari-mutuels in Dade and Broward can also offer Class 3 games and as long as the Seminoles do $1.37 BN in profits (in 7 casinos that should not be difficult) the Seminoles will still have to pay the state. This, to me, anticipates that Dade and Broward will be able to offer full Class III gaming in the future. If you are in another county in Florida it will be a long time before Class 3 will come outside of the Indian Casinos.
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