If Sports Betting Is Going To Happen In Florida, It’s Going To Have To Come Via Seminole Hard Rock

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If Sports Betting Is Going To Happen In Florida, It’s Going To Have To Come Via Seminole Hard Rock

Kategória : Egyéb

Florida voters just made it more challenging to change its legislation concerning gaming. What does that mean to the future of sports betting from the nation?
Florida and Amendment 3
On Friday evening, as most of the country was watching to see if there was likely to become an ideological shift in Congress, many in the gaming industry were seeing another race in Florida.
This race did not entail the election of an individual; the race was for Florida Amendment 3, a ballot measure that could shift the power from legislators to voters to authorize brand new casino gaming in the nation.
The language of the step has been as follows:
“This change ensures that Florida voters shall have the exclusive right to decide whether to authorize casino gaming by requiring that in order for casino gaming to be approved under Florida law, it has to be approved by Florida voters pursuant to Article XI, Section 3 of the Florida Constitution. Affects articles X and XI. Defines casino gambling and explains that this amendment doesn’t conflict with federal legislation concerning state/tribal compacts.”
Where did the gambling amendment come from?
Just two counties in Florida permit for”card games, casino games, casino games, and slot machines” at non-tribal owned centers.
In 2004, before the present tribal compacts, under the watch of then-Gov. Jeb Bush, Florida voters in Miami-Dade and Broward Counties passed a ballot initiative which allowed for slot machines at racing and jai-alai facilities, which had operated in the two years prior.
The change effectively suggests that in order for the nation to expand casino gaming past the tribal casinos and existing racing and pari-mutuel facilities, voters in Florida would have to initiate the process by collecting enough signatures to get the request added to a ballot.
“In Florida, the number of signatures required to get an initiative is equivalent to 8 percent of the votes cast in the preceding presidential elections. Florida also includes a touch distribution requirement, which requires that signatures equal to 8% of the district-wide vote at at least half (14) of the state’s 27 congressional districts have to be collected.”
For reference, the 2016 Presidential election had 9,419,886 votes cast. Eight percent of this vote total is 753,591 signatures needed in order to get a casino expansion measure on a future ballot. This is an intimidating task, without thinking about the demand for geographical distribution, which is required.
There are, though, a few Florida-based groups that may have the ability to back a campaign of sufficient size to gather these votes at one time in the future. Two which come to mind are Disney and the Seminole Tribe. Indeed, the two Disney and the Seminoles were major backers for passing Amendment 3, allegedly putting in tens of millions of dollars to encourage the measure’s passage.
The opposition saw support from smaller gaming providers including West Flagler Associates and Hialeah Park, in addition to the Miami Dolphins, who (in)famously tweeted an image that implied the passage of Amendment 3″would block any opportunity for lawful sports betting in Florida.”
In the event the language of Amendment 3 seems complicated, that’s because it’s. The language used in the Amendment scored a grade-level rank of 24 (the equivalent of getting 24 decades of formal schooling or enough time to earn a Ph.D.) based on Ballotpedia, which positions the readability of all ballot measures. Amendment 3 has been worded more complexly than others, together with the average ballot scoring between 19-20.
It does not require a Ph.D. to see that the Amendment doesn’t mention sports. So, does this mean that Florida can launch sports gambling shortly?
Not really.
What’s’casino gambling’?
In accordance with Ballotpedia, Amendment 3 defines casino gambling since card games, casino games and slot machines. There is no mention of sports gambling. Therefore, while it may appear that Amendment 3 leaves open the question of whether Florida can offer sports gambling, it fails the much bigger issue, that the State of Florida includes a Class III gaming compact with the Seminole Tribe.
Sports gambling is Class III gaming based on this Federal Register:
Class III gaming means all forms of gaming That Aren’t class I gaming or class II gaming, including but not limited to:
(a) Any house banking game, such as but not limited to —
(1) Card games such as baccarat, chemin de fer, blackjack (21), and pai gow (if played house banking games);
(2) Casino games like craps, blackjack, and keno;
(b) Any slot machines as defined in 15 U.S.C. 1171(a)(1) and electronic or electromechanical facsimiles of any game of chance;
(c) Any sports gambling and parimutuel wagering including but not limited to wagering on horse racing, dog racing or jai alai; or
(d) Lotteries.
While Amendment 3 does not restrict sports gambling, the present compact between the Seminole Tribe and the State of Florida could impose a few restrictions.
What’s in the Florida gaming compact?
The Compact, which was signed in 2010 between the Seminole Tribe and the country (it was amended in 2015 to add authorization for additional games), stated:
“It is in the best interests of the Seminole Tribe of Florida and the State of Florida for the State to enter into a compact with the Tribe that recognizes the Tribe’s right to offer certain Class III gaming and supplies substantial exclusivity of such actions along with a sensible revenue sharing arrangement between the Tribe and the State that will entitle the State to significant earnings participation.”
In the”Covered Games” part of this compact, there is no mention of sports gambling, but there is a statement that might seem to cover sports betting as inside the covered games section:
“Any fresh sport approved by Florida law for any person for any purpose, except for banked card games authorized for any other federally recognized tribe pursuant to [the] Indian Gambling Regulatory Act, provided the tribe has land in federal trust in the State as of February 1, 2010.”
The tribe and the state agreed that the”Tribe is authorized to run Covered Games on Indian Lands….” While Part IV of this compact excludes a number of games such as blackjack and roulette (that were subsequently allowed) there is no mention of sports betting, as explicitly excluded.
The streamlined identifies seven Seminole-owned casinos that can be expanded or replaced but doesn’t authorize new construction beyond the existing lands. In addition to abiding by state-sanctioned gaming rules, the tribe, in trade for”tight but substantial exclusivity,” agreed to pay:
$12.5 million per month during the first 24 months of the arrangement;
After that, 12 percent of internet wins on all amounts up to $2 billion;
15 percent on net wins between $2 and $3 billion;
17.5 percent on internet wins between $3 billion and $3.5 billion;
As much as 25 percent on all levels greater than $4.5 billion each revenue sharing cycle.
These payments are due on the 15th of every month for twenty five years from the initiation of this compact.
What about online gaming?
For those hoping for online gaming, there’s a clause in the compact that says : if the state law is altered to provide online gaming and tribal gambling revenue falls over five percent in the past twelve monthsthe tribe gets to considerably reduce their payments to the state below the guaranteed minimums. But, this won’t apply if the tribe provides online gambling, subject to state consent.
In the event that the Seminole Tribe loses exclusivity, the state of Florida will be in search of a new source of earnings. Part XII Section A. of the Compact states:
“If, after February 1, 2010, Florida legislation is amended by action of the Florida Legislature or an amendment to the Florida Constitution to permit (1) the operation of Class III gambling or other casino-style gaming at any place under the jurisdiction of the State that wasn’t in operation at February 1, 2010, or (2) new forms of Class III gaming or other casino-style gaming which weren’t in operation as of February 1, 2010.”
Should this occur, the tribe is eligible to stop some of their obligations until such gambling is no longer managed. Similarly, if present non-tribal centers in Broward and Miami-Dade counties extend their Course III offerings, the Seminole Tribe can reduce some of their obligations to the state as well.
So, about sports gambling…
It’s not likely that Florida will see sports betting being offered by any thing other than the Seminole Tribe.
The gambling compact negotiated between the state of Florida and the Seminole Tribe of Florida is rewarding for the state and extremely beneficial for the tribe. For an overview of how lucrative this compact is for the State of Florida in 2016, the Seminole Tribe paid more than $300 million into the state. The likelihood that Florida would undermine even a portion of those payments to authorize something that would create as little extra state revenue as sports betting is extremely unlikely.
While Florida sports gambling fans should not hold their breath for widespread legal sports gambling, the Seminole Tribe can, under the compact, get the capability to offer it at their casinos. While the Seminole Tribe has previously expressed an interest in being able to offer sports gambling at its Florida Hard Rock properties, they have recently been quiet on the matter within the state of Florida.
Amendment 3 didn’t foreclose on any expectation of sports gambling in Florida. However, under the existing gaming compact provisions, it would appear to be a costly undertaking for state lawmakers to permit someone aside from the Seminole Tribe to offer it entirely, a decision that would surely render facilities in Miami-Dade and Broward counties unhappy.

Read more: nuclearworld.net


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