In the constantly updating story on the Seminole blackjack negotiations in the state of Florida, there is yet more news. Last Wednesday, the Seminole tribal council voted to approve the deal offered by state lawmakers and brokered by the tribe’s lawyer.
As I reported earlier, since the deal did not give blackjack rights to all of the Seminole’s casinos, it had to be approved by the council, which includes representatives from every reservation. Since the council has approved the deal, it has cleared another hurdle.
Next the gambling deal has to pass the state legislature, be signed into law by Governor Charlie Crist, and be approved by the U.S. Department of the Interior. Due to his numerous attempts to pass similar deals, Crist’s signature is all but guaranteed. The deal will bring in $1.3 billion over the next 5 years and will allow Vegas-style slots and table games, including blackjack, in 4 of the Seminole’s 7 casinos.
There is opposition to the deal, with the most vocal opponents being the state’s pari-mutuels, who receive expanded hours of operation but are not allowed to carry slots, blackjack or any table games. The pari-mutuels believe that giving exclusivity to the Seminole casinos will cause a drop in their revenue, leading to layoffs and perhaps even going out of business. Their revenues declined sharply when the Seminole casinos were given the ability to offer slots. With blackjack possibly on its way as well, the pari-mutuel’s days could be numbered.