The Real Deal Miami

No dice for Genting with state regulators

Gaming giant can't transfer pari-mutuel permit from Broward to Miami-Dade

March 20, 2014 09:45AM

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A rendering of Genting's Resorts World Miami

Genting’s Resorts World Miami

Genting just can’t win when it comes to getting state officials to support a downtown Miami casino.

Florida regulators denied the Malaysian gaming giant’s application to relocate a pari-mutuel permit from Broward County to Miami-Dade County. The state Division of Pari-Mutuel Wagering concluded last week that the law only allows a nonprofit’s permit to be transferred within one county, according to South Florida Business Journal. Genting recently formed a partnership with Gulfsteam Park in an attempt to leverage its pari-mutuel permit for a 200-slot machine casino at the former Miami Herald headquarters site downtown.

A sliver of Gulfstream Park is located in Miami-Dade County, but the racing permit is tied to Broward County, where most of the venue is based.

The Florida House and Senate are both considering bills related to gambling expansion. The House bill does not allow for a destination casino in both Miami-Dade and Broward counties. [South Florida Business Journal]Eric Kalis

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