In mid-April this year it was reported that promoters had lost their bet to expand Florida’s gambling law to include resort casinos. Now, once again, it appears the time may be right to propose a bill that could bring casino resorts to southern Florida. Rep. Erik Fresen and Sen. Ellyn Bogdanoff are expected to unveil a bill to allow the issue of three licences for gaming resorts in Miami and Broward County, probably two and one respectively.
The new legislation would create a gaming commission to cover licensing and regulation of all gambling in the state, which presently comes under the Department of Business and Professional Regulation. The present loophole in Florida law that allows internet cafe style gambling would be closed. Any proposed casino resorts in areas outside Miami-Dade and Broward, which approved expanded gambling at pari-mutuels, would need to gain approval in local referendums. The initial licensing of resort casinos in Southern Florida would limit the impact on Central Florida’s tourist attractions.
The Miami Herald quotes Erik Fresen: “If we weren’t in double-digit unemployment and a receding economy, I don’t think
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there would be much appetite for this bill but, in this environment, it’s almost an obligation to discuss it.”
This week Malaysian multinational Genting is due to unveil plans for a US$3 billion Florida resort with or without a casino. The company recently paid US$236 million to purchase nearly 14 acres on Biscayne Bay from Miami Herald and is said to be negotiating for adjoining properties. The present development plans include hotel, condominium, convention centre, office and retail space. Genting along with other gambling operators are lobbying hard for casino resort licensing. (E-09.12.11)
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