Florida Politicians Race To Conclude Gambling Deal

Ahead of the close of the current legislative session next week, politicians in the state of Florida are pursuing an elusive deal that will resolve the state’s strained relationship with the Seminoles, and patch a hole in the state’s overstretched education budget.In the latest development Florida Gov. Charlie Crist and the Seminole Tribe have proposed a revised deal that would grant the state $600m in upfront money, with up to $500m next year, and revenue shares in subsequent years.

The new agreement would give the Seminoles exclusive rights to offer blackjack and slot gambling outside of South Florida, but would make several concessions to pari-mutuel establishments worried about being forced to compete with the Seminole facilities.

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