The Seminole Tribe's bankers had wanted a zone of exclusivity around each of their then major casinos but I don't think they ever got it; so there is no such zone around Tampa or around Hollywood, FL.
If anyone on the board is interested ... the application fee is a fifty million dollar deposit, but its refundable if you are not selected.
Or more. I think its simply a matter of Florida being too good a market to have all the gamblers there flying off to Biloxi, Tunica, Atlantic City or Las Vegas. There is a some Day Boat activity in Florida, but it is not impressive. There are ofcourse the various Seminole casinos and they are often full. If you listen to the dealers they are full of fleas and stiffs. That may well be the case but casinos don't quite care as much about their dealers as they pretend to.Quote: JIMMYFOCKERThis may take 10 years to happen
Its a market and its like any other market. It will eventually be tapped.
Ah,,, I love that term "real casinos". The Seminole Tribe probably doesn't particularly love that term, but that is exactly their problem!
>Seminoles got the corner on the market
Yeah, a monopoly is rarely innovative. Why should the Seminoles try harder? Why should they try to get it right? Why should they offer comps? Or even get mailings out on time? They have no competition and they run their "casinos" with full knowledge that they have no competition.
>and their lousy odds
Yeah. Scattering a few half naked dealers around the place doesn't make up for lousy odds.
> plus lack of craps
For me that is the worst. They do have poker rooms but even the race tracks seem to have better poker rooms now.
>and other negatives send me down the road.
Its you and all those others who "go down the road" with their bankrolls that the Governor wants to be taxed in Florida rather than taxed "down the road". So the idea is to have resort hotel rooms, golf courses, marinas, movie theaters, convention centers and zillions of whatever else they can think of constructed in the state of Florida so as to keep you from going to Mississippi whether it be by plane or by car. After all, alot of New Yorkers winter in Florida and why should Florida not get some of that gambling money also.
Quote: AyecarumbaA casino at DisneyWorld could be a good fit. Not a great deal for AP's, but a good fit for the vacationing crowd.
No it wouldn't.
Except for to and from the airport, many DisneyWorld visitors never get off of Disney property.
A casino NEAR Disney may work, until you consider that most DisneyWorld visitors don't even rent a car.
And don't even suggest a casino IN DisneyWorld. If they don't put casinos on their cruise line, they sure as hell ain't gonna put them on their property.
Quote: DeMangoAll true. The biggest enemy of casinos in Florida is Disney.
That's for sure.
Casinos are magnets. Now you can say they are magnets for evil or for good but there is no question they are magnets.
And no one who operates a family resort really wants a casino absorbing the money that would otherwise get spent on rides, restaurants and similar items. Casinos siphon off the money and the time available to spend it.
Quote: FleaStiffThat's for sure.
Casinos are magnets. Now you can say they are magnets for evil or for good but there is no question they are magnets.
And no one who operates a family resort really wants a casino absorbing the money that would otherwise get spent on rides, restaurants and similar items. Casinos siphon off the money and the time available to spend it.
That's not it at all. If that WERE thier motivation, Disney would have casinos on their cruise line.
As money hungry as they are, Disney is still about wholesome family values.
Quote: DJTeddyBearA casino NEAR Disney may work, until you consider that most DisneyWorld visitors don't even rent a car.
Really? The only times I've ever rented a car on vacation was in Orlando. Of course I didn't stay at a Disney property. Anyway, that's why complimentary shuttles were invented.
Quote: pacomartinSands is now in talks about a major casino in Miami, while at the same time they are talking about Japan.
PLEASE NOTE: This is a news release based upon a real estate parcel having been designated even though the law does not presently allow a casino to be operated in Miami.
newsrelease:worldpropertychannel.com... also Miami Herald.
Genting Group, one of the world's largest international casino developers, has signed a contract with Miami-based Arquitectonica to design a $3 billion Downtown Miami resort. The Florida Legislature has still not approved the operation of full casinos in the state despite millions of dollars spent by lobbyists to change the law over the last 10 years.
Gov. Rick Scott vetoed any casino operations in the state last Thursday. The Seminole Tribe's casino operations have always been the exception, especially when the casinos are built and operated on Indian-owned land. Legislators did approve a $400,000 study to look at the economic impact of bringing resort casinos to Florida but Gov. Rick Scott vetoed that" on Thursday, June 16.
Nick Larossi, lobbyist for Las Vegas Sands Corp. in Las Vegas, told The Herald, "Miami's the crown jewel for this market -- everybody knows that.
"Everybody is posturing and planning and hoping the Legislature will make a decision to make destination resorts a reality" and Genting's deal just "upped the ante,'' he said.
So its really a contest between the Seminole-owned politicians and the Non-Indian-owned politicians.
I wonder which side will win ... and when!
Quote: FleaStiffSo its really a contest between the Seminole-owned politicians and the Non-Indian-owned politicians.
Casino Battle is great news for lobbyists.
Monday, 09.12.11 By Fred Grimm
fgrimm@MiamiHerald.com
Gambling interests, from South Florida, from Las Vegas, from around the globe, are hiring armies of lobbyists to shape or thwart gaming legislation percolating in the Legislature. Particularly, the twin bills sponsored by Sen. Ellyn Bogdanoff of Fort Lauderdale and Rep. Erik Fresen of Miami that would permit three giant “destination casinos” in South Florida.
The Herald’s Mary Ellen Klas reported last week that famed Las Vegas gambling concerns like the Las Vegas Sands. Caesars Palace and Wynn resorts have swept into Tallahassee, hiring big lobbyists and writing big checks. State Sen. Dennis Jones of Seminole, chairman of the Senate Regulated Industries Committee, told me Monday that the Vegas outfits weren’t even among the four largest gambling firms clamoring for an audience with his crucial committee.
He said the four huge foreign gaming corporations were also in the hunt for a “destination casino,” including Genting Malaysia Berhad, the same Malaysian gaming giant that just paid $236 million for the Miami Herald building and 13.9 acres on Biscayne Bay. Genting has reportedly hired three powerful lobbying firms, for an estimated $300,000, to convince lawmakers that a $3 billion hotel and casino resort in Miami would do great things for the Florida economy.
If the Seminoles and their longtime enemies, the racinos, are feeling a little peculiar making a common cause, imagine the discomfit of their other ally in the great casino war. “The Baptists and other concerns with the religious and moral perspective on gambling, are joined with existing gambling interests.”
Read more: http://www.miamiherald.com/2011/09/12/2403824/casino-battle-is-great-news-for.html#ixzz1Xohqjh00
Is Florida Warming to Las Vegas-Style Destination Casino Gambling?
By: Kenric Ward | Posted: September 29, 2011
Sunshine State News article
Quote: FleaStiffIs Florida Warming to Las Vegas-Style Destination Casino Gambling?
By: Kenric Ward | Posted: September 29, 2011
Despite the headline, I think what is motivating most cities is the prospect of Singapore-Style Destination Casino Gambling. The idea of two mega casinos attracting money from all over the world, and also people spending money in other areas of the city, is tantalizing. Vegas-style gaming involves enough casinos so that there is some competition. It also means competition for cheap rooms.
One of the post prized pieces of waterfront land in Florida will soon come alive with Resorts World Miami, a Destination Resort featuring iconic skyscrapers sporting designs inspired by a coral reef and serving as the centerpiece of a new three-mile Baywalk that will activate the city’s waterfront.
Tea Party, republican party, democrat party be damned...you are all a bunch of hypocrites on sale to the highest bidder. (political statement--if you think your side of the issue is perfect, you are wrong. Doesn't matter which side.)
If you allow gambling in any form, why not allow full casinos owned by folks other than Indians? I am not saying take the Indian casinos away, but make them compete in the market instead of allowing monopolies on areas. The casinos I have visited in Florida are horrid places to play. High table minimums abound and slot payouts seem low. No craps. I avoid them but my wife likes the slots, so we do stop sometimes.
standards and refuses to even consider a bribe of less than $10,000.
Quote: buzzpaff"you are all a bunch of hypocrites on sale to the highest bidder" And please don't insult Rick Perry with a $5,000 bribe. He has higher
standards and refuses to even consider a bribe of less than $10,000.
I apologize if my statement makes anyone take this off on a political tangent. The point is not about a particular candidate or office holder; it is just that more of them are on the take in some way than are working for the good of the country, state, county, etc. If you choose to take that out on one candidate, you are wrong. We can go in to all of them--on both sides--but that is not what this thread is about.
Point blank, Buzz, whatever side of the political spectrum you fall on, look and you will see corruption there. We have blamed it on "the other side" so long we have forgotten how to clean up our own house.
All the lobbying and real estate options are predicated on the laws being changed regarding what is allowed and there being no Seminole-desired monopoly zone surrounding their casinos. The real prize in all this is Miami. And the only thing that the non-tribal gambling interests have to offer (in addition to the usual consultancy and publicity contracts) is the massive job grown when a development will consist of several hotels, an exhibit center, several restaurants, several stores, a marina, recreation areas, open areas, etc. with a full casino limited to ten percent of the footprint.
Miami Heat president Pat Riley is putting on a full-court press for a 1,500 hotel room and casino just east of Interstate 75 in Fort Myers.
As the 2012 Legislature's winter session approaches, partisans in the casino gambling wars are choosing up sides.
On one side: those who say gaming would bring jobs and tax revenue to a state where gambling is allowed in every Publix and 7-Eleven.
On the other: opponents fearful gambling could forever destroy the Sunshine State's family-friendly reputation.
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Of course the real battle is Seminole Monopoly versus competition and which politicians get what. I think the use of the term "gambling resort" rather than "casino" is childish.
I doubt the Seminole casino in forty-minute distant Immokalee's farmland would welcome the opening of a casino in Fort Myers where there is already an existing draw for visitors. Of course if the businessmen only land the permit but do not proceed, its still valuable to them.
Orlando Sentinel's editorial position is that enabling legislation should not impose gambling in (Rural, Tourist, Family-Friendly areas... ie, Disney Company Areas) and that other gambling issues (mainly Internet Cafes and Casino Taxation Parity) should be addressed in the Destination Gambling Bill.
From Orlando Sentinel: Gambling Committee start hammering away on destination resorts bill — by khaughney on December, 7 2011
TALLAHASSEE — A panel of Florida lawmakers got its first chance to start picking away at a controversial gambling bill that would bring three destination casino resorts to Florida, and the overriding message for sponsor Sen. Ellyn Bogdanoff, R-Fort Lauderdale, was that she should move slowly.
major changes were proposed ... more table games, a lower tax rate for existing racinos, a higher tax rate for any new destination casinos.
Sen. Thrasher, Rules Committee, said the Legislature should first address current gambling loopholes that have led to several smaller counties recently applying for gambling permits around the state, and then take a slower approach to the destination resort plan. He said he felt that the bill would be a “major change in the culture and brand of the state of Florida” and that It was something lawmakers “really need to reflect on.”
Senate President Mike Haridopolos has promised that the legislation would receive an up or down vote on the floor, but acknowledged that Thrasher was a “trusted adviser” who held major sway among the members.
.........................
I would imagine that "slower approach" is a code word for delays that stuff the pockets of politicians and their lawyer, consultant, lobbyist cronies while real estate speculators jockey for position involving prime casino sites. I think "smaller county" is a euphemism for "Other Than My County". I think the "loopholes" refers to Internet Cafes which generally are located in areas well removed from the areas for the proposed destination casinos and is therefore simply a delaying tactic to dilute the Destination Casino effectiveness.
While MGM Resorts International’s CEO Jim Murren hasn’t been making headlines in South Florida like some of his competitors, don’t interpret that as any lack of interest in this market.
If the Florida legislature approves gambling, Murren’s company intends to make a play for one of the potential two licenses that could be allotted for Miami-Dade County, he said Thursday during a visit to Miami. And he may build a hotel here even without gaming. Las Vegas-based MGM is focusing its search on the downtown area and Miami Beach.
Murren, who is also MGM’s chairman, said he thinks that opening a Las Vegas style mega-resort in South Florida with between 3,000 and 4,000 rooms, plus a casino of up to 200,000-square-feet or more, would be the wrong move.
They’re intensely following this year’s legislative proposal to allow up to two destination resorts in Miami-Dade County and one in Broward County with a minimum of a $2 billion investment.
Read more: http://www.miamiherald.com/2011/12/15/2548308/mgm-ceo-offers-views-on-south.html#ixzz1gyhKmf8M
Quote: FleaStiffWhile MGM Resorts International’s CEO Jim Murren hasn’t been making headlines in South Florida like some of his competitors, don’t interpret that as any lack of interest in this market.
You gotta hand it to them. One of the most unprofitable companies on the Fortune 500, and they are considering building multi-billion dollar projects.
Slots and BJ may become legal at every horse track.
The major provision is still the Three major casinos and legalization of Craps and Roulette in Florida. Seminoles probably won't be thrilled about losing a monopoly but what they have now is so profitable that they may not even notice it.
Business Week:
Florida could get three new large casinos, as well as slot machines at every dog and horse track in the state, under a far-reaching gambling bill that passed its first hurdle Monday.
A state Senate panel voted 7-3 in favor of the hotly debated and heavily lobbied bill, but its future remains uncertain amid the avowedly staunch opposition to the expansion of gambling by top House Republicans.
So the bill approved on Monday now gives dog tracks and horse tracks located in the same counties with the large casinos, or destination resorts, a chance to offer the same games such as blackjack without having to make the same $2 billion investment. These tracks would also pay the same lower tax rate as the casinos
there over the X-mas break. I was underwhelmed by the paytables,
but in general the property itself had been upgraded some since I was
there 5 or 6 years ago.
I found a coupon in the paper for a $ 50 blackjack matchplay at my
father-in-law's house. Didn't win, but it was nice to tip the odds
in my favor, if for only one hand. Nope, didn't win it. The coupon
was only good for a $ 50 bet, you couldn't use it for less. Which
seems odd if you think about it, usually a coupon like that is only
good for a $ 5 or 10 match.
The coupon was for new sign-ups only. My wife used a free slot
play coupon, but I'm not sure it was good at any VP machines.
Quote: pacomartin
a Destination Resort featuring iconic skyscrapers sporting designs inspired by a coral reef and serving as the centerpiece of a new three-mile Baywalk that will activate the city’s waterfront.
Is it just me, or does this perspective on the building on the
left bring to mind something besides a coral reef ?
Quote: JohnnyQWe went out to the Seminole Casino Immokolee while we were down
there over the X-mas break. I was underwhelmed by the paytables,
but in general the property itself had been upgraded some since I was
there 5 or 6 years ago.
.
I was there in the fall. Did you take Corkscrew Road or Immokolee Road? Because at night, Corkscrew is a pretty frightening road to drive on. From Ft Myers/Naples, it's like 30 minutes of one lane road in complete darkness (no street lights). In the day, not so bad.
it was a 2 lane road for a lot of it, but seemed fine
at the time, driving at night.
The Miami & Fort Lauderdale airports actually do 20% more business than the Orlando & Tampa airports. I think that Miami has more of the international visitors that Adelson wants, instead of the family crowds at Orlando.
Genting Real Estate nee Miami Herald Building in asbestos abatement and demolition phase: 13.9 acres.
Does anyone know where this site for Resorts World Miami is located?
Quote: pacomartin
Does anyone know where this site for Resorts World Miami is located?
It's the downtown area leading out to the Port of Miami. (Epic fail = me uploading pictures on this site). GoogleMap I-395 Port of Miami 15th street, etc. and it'll zero right in. The port causeway lands and islands are truncated in this model.
That area is so congested right now and the streets so screwed up they would have to take down about 10 city blocks of buildings to do it and rebuild major roadways. But if you have that kind of money, I suppose that stuff is child's play.