As it continues meetings with the administration of Republican governor Rick Scott regarding its expired gaming compact, the Seminole Tribe Of Florida has reportedly revealed that it is continuing to make payments that are set to total $306 million this year.
According to a report from The News Service Of Florida, last month saw a federal judge rule against the state in a dispute about whether the Florida tribe was permitted to offer blackjack and other “banked” card games at its casinos.
Amid the ongoing legal wrangle, the Seminole Tribe Of Florida tribe and the Scott administration are attempting to reach an agreement on a new compact with the casino-operating tribe reportedly declaring that it is continuing meetings as part of a “desire to finalize a new gaming compact with the state of Florida”.
The Seminole Tribe Of Florida, which operates seven casinos in the southern state including the including the Seminole Hard Rock Hotel And Casino Hollywood and the Seminole Hard Rock Hotel And Casino Tampa, reportedly stated that it “would not discuss the specific content of its compact negotiations with the state” while 64-year-old Scott proclaimed that he was continuing “to look at what the right thing is for the state of Florida”.
The Seminole Tribe Of Florida inked a 20-year gaming compact in 2010 that gave it exclusive rights to operate slots outside of Miami-Dade County and Broward County while additionally granting exclusivity regarding “banked” card games, which see players compete against the house instead of other competitors such as in poker.
However, the five-year monopoly portion of the deal has now lapsed and the tribe is accusing the state of failing to negotiate in “good faith” on a new agreement.
In return for exclusivity in Florida’s “banked” card games market, the Seminole Tribe Of Florida arranged to pay the state a minimum of $1 billion over five years, which it exceeded. The previous deal additionally gave the tribe a 90-day “grace period” following the expiration of this portion of the original compact on July 31, 2015.