Casino executives from Las Vegas Sands are making the case for a slew of Nevada-style resorts in Florida. The proposal includes four to six gambling resorts, each likely to cost more than $2 billion. According to Amy Baker, the Florida Legislature’s chief economist, the state could generate up to $2.3 billion just from up-front fees. The company is particularly interested in Miami-Dade and Broward locations. This is not the first time such a large-scale idea has been broached, including the more recent lobbying by the developers of the Fontainebleau remodel in 2008. Questions remain about how such a proposal, if approved, would affect those casinos already operated by Indian tribes such as the Hard Rock, and whether any gambling rule liberalization would apply to pre-existing facilities in the state. [Sun-Sentinel]
A New Vegas in Florida?
March 12, 2010 10:21AM
March 12, 2010 at 2:45 pm, Anonymous said:
I am all for gambling in Florida. Florida has so much more to offer than Las Vegas. Can you imagine what it would do to R.E. prices? They would probably quadrouple over night!!!
Not to mention the states income.
March 12, 2010 at 4:14 pm, Anonymous said:
dream on. It also requires changing the states constitution and that pits S. fla. counties against the entire state. Others have floated this idea during other distressed economic times. Disney and the other large tourist destinations always beat it back.