Racetracks worried about Seminole compact

Wednesday, November 21, 2007  

Racetrack operators in Florida say they will lose money once the Seminole Tribe starts offering Class III games.

The tracks say the tribe's compact is unfair. They pay a 50 percent tax to the state. The state can't tax the tribe, but the tribe has agreed to share at least $100 million a year.

The tracks were the ones who persuaded voters to approve slot machines in south Florida. Not all of the tracks have slots but some are seeking to offer them.

House Republicans filed suit to stop the compact. The tribe is moving to intervene in the case.

Get the Story:
Tribe deal worrisome to gambling industry (The Miami Herald 11/21)
Tribe has new leadership in its gaming enterprises (Tampa Bay Business Journal 11/21)

Some Opinions:
Editorial: Gov. Crist Goes It Alone (The Ledger 11/21)
Editorial: Crist's deal with Seminoles is bad for Florida (The Florida Baptist Witness 11/21)