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FL Legislative Session to Debate New Gaming and Casinos

March 04, 2014

Florida's Legislative Session has officially started for 2014 on Tuesday.

Florida currently has a $1.3 billion surplus in the state budget. Due to the surplus, it is believed that Governor Rick Scott will ask to lower fees and state taxes by $500 million.

Gaming has remained one of the topics that is expected to be addressed this session. Both the House and the Senate are working on different bills. The House is debating a bill that will not allow for the development of new casino. However, it is seen as a way to overhaul the current gaming industry in Florida. The Senate is debating a proposal that would allow the building of two new casinos. As well as a change in Florida's gaming industry.

The development of any new casinos would result in a change in the compact between the state and the Seminole tribe. Currently the state receives money from the Seminole's casinos gaming revenue. The tax money earned from the casinos are worth hundreds of millions to the state.

The current Legislative Session will last for 60 days.

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