Florida To Get Blackjack and More

[Bossman9]

IMHO........

Regardless of what happens with the compact, the seminoles will interpret the actual legislation to mean "required buyin not to exceed $100".......you guys remember the wording? It sounded like the min buyin....besides they already have an $1100 Big Slick tourney which is not in compliance with current state law.....they were running that pre 7/1 ..... so IMHO....if they feel they are getting jerked around to long, they will push the envelope again with higher buyins......wishful thinking??? Opinions??

Of cousre this can never make up for the revenue they would generate with table games.....

My thoughts are changing re: Seminoles .... I think the Governor needs to be careful that he doesn't screw the parimutuals and future gambling interests in the state...

The thing that pisses me off the most is that the Florida Lottery is the biggest joke of all......How many people that don't have a pot to piss in throw their money away on that nonsense every day?? Also, how many of the Anti-Gambling people are tossing their money at the Lottery every day.........supporting education my ass!! They don't even have enough books for the kids to take them home in public school.....

Sorry about rambling, scattered thoughts....... [img]/images/graemlins/spade.gif[/img]

[Bossman9]

BTW... The Parimutals are getting taxed ridiculously on the slots...

Also, people are throwing money at machines that are designed to take your money...house edge is ridiculous....IMHO

[DeadMoneyDad]

[ QUOTE ]
Crist negotiations with Seminoles to resume Monday

Cliff's notes: Nothing's going to happen before the lawyers spend a few years sucking the taxpayers' teat.

[/ QUOTE ]

That's a shock!

The only thing worse than a private lawyer is a career government lawyer. Sorry to all my lawyer friends.

D$D

[NL Rounder]

October 2nd Sun-Sentinel Update

Now Governor Crist thinks that a deal will be reached within a month....I'm now leaning towards the "over".

[bigslickmark]

It appears that the new compact will eliminate 24 hour poker in Florida:

The Tribe shall conduct poker in each of its Facilities in compliance with
provisions of Florida law that limit hours of operation, wagers and pot sizes. However,
the Tribe may hold up to 6 celebrity/charity poker tournaments per year in each of its
Facilities that are not subject to the limitations/restrictions imposed by Florida law,
provided that a minimum of 70 percent of the Net Poker Income from each poker
tournament is donated to a charitable organization organized pursuant to 501(c)(3) of the
Internal Revenue Code.

Any thoughts?

[NY60]

That's my reading of it.

THIS IS GOING TO BE A TOUGH PILL TO SWALLOW....LOTS OF JOBS WILL BE LOST IF THE POKER ROOMS HAVE TO GO TO 12 HOUR OPERATIONS.

Several dealers that I know of intentionally work the late shifts because they want to be home when their kids come home from school, and so that they can go to baseball practice and so on.

YEP THIS IS GOING TO BE ROUGH

[parisron]

someone please post link to latest compact. Rubio will shoot down compact anyway if it has blackjack etc. on it. so hours would not change then right?

[bigslickmark]

Here is the link:

http://www.sun-sentinel.com/media/ac...0/32951986.pdf

Take a look at Section V. (L.)

I believe this was done to appease the Parimutuels.
Since this allows a casino to offer any 12 hours, some casinos that are not doing as well (Dania Jai ALai, Old Hollywood Seminole Casino) may change their hours to capture the late night early morning crowd.

I feel that in Hollywood, you might see the old casino offer poker in the AM and Hard Rock in the PM.

Good for the Parimutuels, bad for poker players in the state.

[bigslickmark]

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.

[Shroomy]

I was sceptical of some of the information I was hearing from the employees at the paramutual sites. They said they were looking for more gambling options and increased hours.

Perhaps they plan on increasing their hours also which would please both the seminoles and them and make the seminoles less effected by the clause.


I don't see how the paramutuals could change anything else like the limited buy in or getting table games without it getting on a ballot though. (but I could easily be wrong)