Florida legislators may hold a special session in April over the long sought-after gambling agreement with the Seminole tribes
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The Florida legislators anticipates to hold a special session in April if the top Republicans can reach in one accord an agreement on gambling which has been sought after since long.
In association the House Speaker Richard Corcoran and Sen. Bill Galvano said on Thursday that legislators are holding private talks about the state’s existing deal with the Seminole Tribe of Florida. The tribe who are running several casinos in the state, also includes the Hard Rock Hotel and Casino in Tampa.
Under the way the deal is structured, there is a chance that the tribe could end payments to the state. If that happened, Florida could lose as much as $400 million in the coming year.
Though legislators tried to reach a deal during this year’s session, the negotiations fell apart. Legislators have had trouble last few years passing a gambling bill due to squabbles among different gambling interests.
Source: Associated Press and wctv.tv
Source: European Gaming Industry News