Senate bill would let Seminoles escape payments
Dang. I didn’t win last night’s Lotto drawing. Only got 1 measly number on one of my five $2 plays. Stupid me. Never again.
So it’s back to the blog grind.
Plenty of other gambling news this morning, starting with the state senate’s approval of a gambling bill that would allow Class II video slots at pari-mutuels around the state. Steve Geller’s bill would also lower the tax rate on Class III slots at Broward and Miami-Dade pari-mutuels, from 50 percent to 35 percent.
(Refresher course for non-gamblers: With Class II video slots, gamblers play against each other in a common pool. With Class III Vegas-style slots, gamblers play against the casino.)
The bill’s long-term prospects are dicey, because House speaker Marco Rubio might squash it in his chamber. But you never know what can happen in Tallahassee.
The Seminole tribe will certainly push for its passage.
That’s because it would let the Seminoles off the hook for their annual minimum $100 million gambling payments to the state. Under the terms of the compact signed last year, the Seminoles’ payments stop if video slots are allowed anywhere in the state.
And the Seminoles would still be able to offer Vegas slots and blackjack. With the state getting absolutely nothing in return.
That’s why I thought the compact, which is being challenged by the Legislature and reviewed by the Florida Supreme Court, was such a lousy deal for the state.
The first draft version of the compact would have allowed video slots elsewhere without voiding the tribe’s payments.
But the final version was changed so that any type of slot machine, including video slots, would trigger the escape clause.
So whatever revenue figure the state throws out as being generated by pari-mutuel video slots, make sure you remember to subtract $100-150 million for the lost tribal payments.
In other gambling news, the Seminoles announced they’re looking for 3,650 blackjack and baccarat dealers and pit bosses for their seven casinos. The tribe hopes to have blackjack games up and running in June.
But before you cheer the boost to the slumping local job market, the Seminoles announced they’re holding a big job fair. In Atlantic City.
Geez. I know they probably prefer experienced dealers, but wouldn’t it be nice if the bulk of the jobs went to locals? I mean, how hard can it be to properly train somebody to deal blackjack? Giving locals first crack at the jobs would build goodwill.
With gambling revenues over $1.4 billion a year, you’d think the Seminoles could afford to train Floridians first. Especially if it turns out that they won’t pay a dime to the state to have blackjack.
NICK SORTAL began playing 3-card "gut" and "Indian poker" on high school band trips, moved on to "night baseball" and "pass the trash" during a Dr. Pepper-infused midnight game in the 1980s at the St. Louis Globe-Democrat, and now play in a regular neighborhood Hold 'Em game in Plantation. I have been given the assignment of writing about the gambling life in South Florida casinos for the Sun-Sentinel...which means sitting around watching poker on TV now counts as research.