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Florida Slot Machines Make Progress
Monday, December 26, 2005
FLORIDA - as reported by the Sun Sentinel: "The tug-of-war within the Legislature over slot machines in Broward County neared a resolution by year's end.
“Dania Jai-Alai and three racetracks will each be allowed to install 1,500 Las Vegas-style machines in 2006.
“So who wins and loses?
“Winners: Clearly, the four pari-mutuels, who can try to reverse sliding attendance over the past two decades. Plus, gambling supporters say slot revenues will raise tens of millions of dollars yearly for public education.
“Losers: Certainly the competition, on land or sea. The tribal Indian casinos will have to cope with a new game in town.
“Also, the operators of the gambling ‘cruises to nowhere’ could lose market share...'