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Kurt

Admin
Oct 15, 2004
2,394
5,079
SoWal
mooncreek.com
I always figured it was just a matter of time. I am surprised that we haven't heard more proposals like this since the real estate decline in Florida.

Economist: State could support 8 more casinos - Florida AP - MiamiHerald.com

Are cash-strapped Florida lawmakers ready to roll the dice on Las Vegas-style gambling resorts - or is it just a bluff?

With gaming negotiations between the state and the Seminole Tribe still at an impasse, a House committee looking for an edge explored another option Thursday: full-scale "integrated destination" convention and resort casinos like those in Las Vegas and Atlantic City.


The Las Vegas Sands Corp., which owns or runs casino-based destination resorts in Las Vegas, Singapore, Macau and elsewhere, told the committee it was eager to bring its act to Florida.



More specifically, company officials proposed a $2 billion convention, trade show, vacation and gambling complex, most likely in South Florida. They shared a vision of high-rise hotels, vast exhibit halls, premium retail outlets, fancy restaurants and Vegas-style casinos.


"We want to build something so spectacular that the draw would be from South America and Europe," Andy Abboud, Sands' vice president of government relations, told lawmakers. "We don't want to re-circulate money just here in Florida."


At the same time, a legislative economist said Florida could sustain at least eight more casinos and they would contribute significantly more money to the state's anemic treasury than the casinos run by the Seminoles....
 

Miss Critter

Beach Fanatic
Mar 8, 2008
3,397
2,125
My perfect beach
Good. Let the gaming interests outbid the oil interests. Casinos won't ruin our beaches.
 

30ashopper

SoWal Insider
Apr 30, 2008
6,845
3,471
59
Right here!
South Florida really could compete with Vegas, which sits on a high planes dessert.. we have weather on our side. Billions in added revenue from the licenses, corp income, and bed taxes, and the natives can just sit back and enjoy the profits. Sounds like a good deal to me. What are the arguments against it?
 

Matt J

SWGB
May 9, 2007
24,862
9,670
South Florida really could compete with Vegas, which sits on a high planes dessert.. we have weather on our side. Billions in added revenue from the licenses, corp income, and bed taxes, and the natives can just sit back and enjoy the profits. Sounds like a good deal to me. What are the arguments against it?

Hookers and crime.
 

Here4Good

Beach Fanatic
Jul 10, 2006
1,264
529
Point Washington
This is the same legislature that only wants to give tax credits to movie companies making "wholesome" films.
 
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