hey Law, i read where they're building a bunch of casinos on an Indian reservation. is that in tallahassee?
they were calling it the future vegas of the south.
Not, yet.
There's a lot of history to this issue and its complicated, but in sum:
1) The state has been at odds with the Indians, who have I think 7 spots in the state where they have casinos. The dispute has been over what they can offer there because until the last few years state law banned just about everyhting that was not horse or dog racing. So the casinos had these lame slot machines that were linked together in some kind of bingo format.
2) A few years back, the state legalized poker. The games that could be offered were limnit games, or Texas Hold'Em in $1/$2, $2/$5, and $5/$10 blind increments (if you don't play, you wont understand that). The Indian casinos were allowed to offer that 24 hours a day, the dog tracks were allowed to offer it 12 hours a day.
But, for both, the maximum buy in at any one time is $100. That cap, if you know anything about poker, makes the game extremely whacked.
3) For the last few years, the Indians have told the state to go screw themselves, arguing that state law does not govern them. So they surreptitiously added blackjack and some other table games to their offering. No craps, no roulette.
4) The state has been trying to work out a deal for a couple of years with all of these different interests, and all the while being pressured by the Indians. The problem is, there are some serious anti-gambling forces in Florida very worried about all this. Not just moral objections, but heavy financial ones, as well. Like Disney, who worries that gambling will siphon off their revnues and customers.
5) Finally, a deal has been worked out. The Indians will be allowed to keep what they have and they will give the state some major tax money, which the state desperately needs. The tracks can stay open 18 hours during the week, 24 hours on weekends, but that is only to run poker. And the buy in cap will be lifted. A few of the tracks in South Florida will have some crappy slot machines.
Long term, I'd say Harrah's, et al, are taking a serious look at what they might be able to accomplish here in Florida. It will be years before another big change in the status quo, but the state is moving in that direction.