The Real Deal Miami

A New Vegas in Florida?

March 12, 2010 10:21AM

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]