The blackjack deal with the Seminole tribe seems like it’s finally going to happen. Twice in the past Florida Governor Charlie Crist negotiated a deal with the Seminole tribe allowing them to operate blackjack tables at their tribal casinos in exchange for fees paid to the state government. Both times, state lawmakers rejected the deals.
This time, the lawmakers were directly involved in the negotiations for the first time. As a result, they worked out a deal that had already passed the state Senate and yesterday, the state House followed suit. On Monday, the House approved the gambling deal by a 74-39 vote, signaling what will be the end to a laborious process that has been ongoing since 2007. Barring a shocking turn of events, the gambling legislation will become state law this year and will bring much-needed money to the state of Florida.
The state House had long been thought to be the biggest obstacle in the way of the Seminole’s quest to offer legal blackjack tables, as it had shown itself to be against gambling before. There are two more steps this bill needs to take before it becomes official. The first is that it needs to be signed into law by Crist. Since he has been a proponent of this and similar plans since 2007, it is expected that he will sign the bill this week. The other step is that, like all compacts with Native American tribes, the bill needs to be approved by the federal Department of the Interior.
As part of the $1 billion deal, $435 million will be placed into the state budget’s general revenue fund. That money will then be used for education, since Crist had already allocated that money for the education budget, despite not actually having the money yet. The gambling legislation will allow the Seminole tribe to offer blackjack tables for five years. After that time, a new contract may be negotiated.
The deal gives the Seminole tribe exclusive rights to offer blackjack, meaning that when it comes to the most popular table game in the world, they will have no competition. The state’s pari-mutuels will certainly be hurt by that, but as a concession they will receive expanded hours, higher stakes in the poker rooms, and a tax break on slot profits.