The Seminole Tribe’s governmental standoff with Florida governor Rick Scott was finally resolved this week following a deal which will see the Seminoles pay $3.1 billion to the state over seven years in return for the proper to offer craps and roulette.

It’s considered to be the biggest tribal rev-share agreement in america, dwarfing the cut received by the state underneath the regards to the agreement that is previous.

Florida inked a deal aided by the Seminoles in 2010 which gave the tribe exclusivity on blackjack in the state in exchange for $1 billion, spread over five years.

The deal additionally prevented the expansion of slots gambling beyond that which already existed at a few of pari-mutuel racetracks, giving the Seminoles a stranglehold on the slots market.

This agreement expired on August 1 in 2010, and the two parties have been negotiating from the time.

No Expansion for 20 Years

The Seminoles, who own seven properties in the Sunshine State, will be prohibited from expanding their operations for an interval of 20 years. And even though gaining the straight to offer craps and roulette, the tribal operator will relinquish its monopoly on blackjack and slots.

This enables the expansion of blackjack into the Miami-Dade and Broward racinos and as much as 750 slots at other venues such due to t Continua a leggere →

Nevada Governor Brian Sandoval has publicly reprimanded his state’s attorney general, Adam Laxalt, over the baffling pro-RAWA comments he made Tuesday on the area talk that is political Ralston Live.

Laxalt, whose grandfather Paul Laxalt governed the state from 1967-1971, told veteran reporter that is political commentator Jon Ralston that he fully meant to add his title to a listing of state solicitors general whom offer the Restoration of America’s Wire Act (RAWA).

This, despite the undeniable fact that the legislation, if passed, would effortlessly dismantle the Nevada’s fledgling online gambling industry. Their state’s legislature voted unanimously to authorize and regulate poker that is online 2013.

Final month, Missouri Attorney General Chris Koster and sc Attorney General Alan Wilson began circulating a string letter designed to drum up help for RAWA among state AGs.

Adelson Funding

Pressed on he would, he said whether he would sign the letter, Laxalt, usually a states’ rights advocate, gave an unexpected answer: yes.

Laxalt’s 2014 election campaign received funding from LVS chairman Sheldon Adelson, RAWA’s architect and monetary sponsor.

‘Congress spoke on this problem and had a current wire act, and then Attorney General Continua a leggere →