Florida’s Casino Industry is Slowly Coming Back to Life

Every day, it seems like more casinos around the country begin to open back up. Florida has been one of the most aggressive states in reopening the economy. According to new reports, Florida’s casino industry is starting to come back to life.Florida Street Sign

Several South Florida casinos are opening up this week. It’s great news for gambling fans in the area. Now is the perfect time to look at which gambling venues are opening their doors here.

Let’s get into it!

Governor DeSantis Continues Allowing Businesses to Reopen

Like all other states, Florida’s leaders ordered almost all businesses to shut their doors back in March. Many criticized the state officials here for taking too long to make these orders. Many beaches remained open to the public here while other nearby states were basically shut down.

Time went on, and Florida’s infection rates remained fairly low. Eventually, Governor Ron DeSantis started giving certain businesses the green light to reopen. The state even started allowing major sports leagues to start operating here.

The WWE began hosting events in the state. Weeks later, the UFC moved its operations to Jacksonville. The MMA leader hosted three separate events in this city. Other state leaders began looking at Florida for advice on how to safely reopen.

Of course, Covid-19 infection rates continue to rise and fall around the country. In recent days, infection rates have begun rising in this state. In just one day, for example, 1,371 new cases were officially recorded here.

It’s a complicated situation. Leaders around the country are attempting to weigh the pros and cons of reopening their economies. Despite the rise in Florida’s cases, officials here are still pushing to lift regulations. It now appears that some of the biggest casinos will soon open their doors here.

Florida’s Casino Industry is About to Open Back Up

Many are surprised to find that Florida actually has one of the largest casino industries in the Southern United States. Some of these are racinos, offering just slot-style games. There are also many Native American casinos that offer Class III games such as slots and table games.

For months, all of these venues have been shut down. Members of the Seminole Tribe have discussed several different plans to safely reopen their gaming venues. Now, it appears they’re ready to resume operations.

According to new reports, the Hard Rock Hollywood Hotel-Casino and many other venues in Southern Florida will begin operating again on Friday. Obviously, a huge number of safety measures will be set in place. You can see some of them below.

  • Temperature checks will be required for all guests.
  • All guests will be required to wear masks.
  • Plexiglass barriers will be set on table games to divide players.
  • Hand sanitizing stations will be located throughout the casino floor.
  • Only 50% of the casino capacity will be allowed in.

These are just a few of the regulations being required. They may change as time goes on. Whether they become more or less intense is not entirely known.

Many are looking forward to Florida’s casino industry getting back on track. The Seminole Tribe has lost an incredible amount of money due to the regulations put in place here. We’ll make sure to offer updates on how much revenue is earned once these venues start accepting guests again.

Is Sports Betting Coming to Florida Soon?

State leaders seem to encourage casinos opening in Florida. Many feel the taxes earned from these venues will help the state recover from the past few months. The same can be said for almost all other states.

Over the past couple of weeks, we’ve seen many states around the country look more into the legalization of sports betting. More than 20 states now have a regulated sports betting industry and most of them are earning an incredible amount of revenue from the industry every single month.

Florida has not yet legalized sports betting. Several politicians have been working hard to change this. In order to do so, however, the state will likely need to come to an agreement with the Seminole Tribe on revenue and taxes.

In November of 2019, Senator Jeff Brandes presented several bills to legalize sports gambling. These were not approved. Many sports gambling advocates in the state are now working to come up with bills.

For now, state leaders seem focused on reviving Florida’s casino industry. Some of the best properties here, including the Hard Rock Florida venue, are scheduled to open up here later this week. Hopefully, sports gambling is approved here by the end of the year.

Stay tuned for more Florida gambling news over the next few weeks!

Gov. DeSantis Still Wants to Solve Florida’s Gambling Issues

For months, lawmakers in Florida have discussed ways to improve the state’s gambling industry. State officials have been trying to come to a deal with the Seminole Tribe, who own several major casinos. A deal wasn’t made this week, yet Governor Ron DeSantis is still determined to solve Florida’s gambling issues. Florida

There’s a lot going on here. As of now, the state cannot come to an agreement with the Seminoles on a new tax structure. Today, we’re going to look at what exactly is going on here.

Let’s get into it!

The Seminole’s Fight Over Gambling in Florida Has Lasted Months

The Seminole Tribe in Florida is one of the most notorious Native American groups in the country. Over the past few decades, this tribe has developed a massive casino industry. Unfortunately, tribal leaders have been fighting with Florida’s lawmakers over revenue-sharing deals.

In 2010, the Seminoles agreed to a compact with Florida that brought the state hundreds of millions of dollars annually. Tribal leaders now claim this deal is no longer valid. They are claiming that it was only agreed to for a period of 10 years.

Now, the tribe wants to negotiate the deal. In mid-2019, the first negotiations between the Seminole and Florida lawmakers took place. Hope was that a new compact could be agreed to before the end of the year.

That wasn’t the case. The previous compact officially expired in May. Since that time, the state has lost out on millions of dollars in gambling tax revenue. Both the tribe and state officials believe the other is in the wrong.

Unfortunately, this is causing some major issues. The state has threatened to shut down the tribe’s casinos. Meanwhile, Seminole leaders have been battling in the courts against politicians. Hope was that this week would finally bring an end to this fight. According to new reports, this is not the case.

Florida’s Gambling Issues Continue After Another Deal Falls Through

The Seminole tribe is taking a hardline stance here. For the most part, the tribe has been unwilling to enter into any kind of meaningful negotiations. That’s made it difficult for Florida’s House and Senate, who’ve been working to come up a new deal on their own.

This week, Florida’s House Gaming Control Subcommittee canceled another meeting between the two chambers. It was disappointing news for many who’d hoped to see this dispute finally come to an end. Even Governor Ron DeSantis is claiming he wants Florida’s gambling issues to be resolved.

“I have not met with them yet. But I would like to have a resolution, and so I anticipate meeting with them in the not-too-distant future,” DeSantis told the media. “I hope we can get something done. I think it would be good, if we can. But that is definitely on the agenda on the not-too-distant future.”

The Seminole tribe has officially stopped paying it’s annual $330 million to the state. For this reason, many lawmakers are making this dispute their number-one priority.

DeSantis seems focused on solving these issues. The tribes want a long-term deal with the state that cuts taxes. Officials want to ensure the state is getting what it’s rightfully owed. We’ll need to wait and see how this plays out over the next few months.

Sports Betting is Still Being Considered in Florida

In May of 2018, the Supreme Court struck down PASPA, giving every state in the country the ability to legalize sports gambling. Since that time, 21 states have officially passed legislation to regulate their sports betting markets.

This industry is proving to be incredibly lucrative. Taxes from legal sports betting is helping to bring many states millions of dollars every single month. As time goes on, more states are becoming interested in legalizing this form of gambling.

In November of 2019, the first sports betting bills were presented in Florida. Senator Jeff Brandes presented the legislation “specifying requirements for accepting wagers on sports events.” State officials have been reviewing these bills for the past few months.

It seems likely that Florida will soon regulate sports betting. The only issues may come from the Seminole tribe, who are likely to argue that sports betting should only be allowed inside their casinos. As of now, however, the legalization of both land-based and online sports gambling is being considered here.

Florida’s gambling issues have been dragging on for months. Is this the year they finally end? Stay tuned for more updates!