The Seminole Tribe is expected to share $233 million in gaming revenues with the state of Florida in the coming year.
The tribe shares revenues under its Class III gaming compact. The five-year agreement, which expires in 2015, will bring a minimum of $1 billion to the state.
“The Seminole Tribe worked for two decades to secure a gaming compact with the state of Florida that provided a more stable future for the Tribe and its members and allowed for significant sharing of gaming revenue with the state,” spokesperson Gary Bitner told The Tampa Tribune. “The tribe wants to maintain that steady, stable course through 2015 and beyond.”
Lawmakers are considering an expansion of non-Indian gaming so the compact will be a big issue in the coming year. The draft of the Florida Gaming Study includes a discussion of the tribe's revenues.
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State eyes gambling expansion gingerly, fears losing Seminole money (The Tampa Tribune 10/5)
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State eyes gambling expansion gingerly, fears losing Seminole money (The Tampa Tribune 10/5)
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