State casino petition
The Florida Voters in Charge political committee, with a Jacksonville Beach postal address, has filed paperwork with the state Elections Division to show the committee received $17 million from Las Vegas Sands (LVS) to petition for a statewide gambling amendment. put on the November 2022 ballot.
The news of a state constitutional amendment opening the door to casino gambling in the northern part of the state follows the recently approved new agreement with the Seminole Tribe, which operates seven casinos in southern Florida.
"Responsible Florida voters are exploring options that do not violate the recently approved revenue sharing agreement with the Seminole Tribe of Florida." - Sarah Bascom, spokesperson, Florida Responsible Voters.
The committee, with Erica Alba and Kevin Hyde, two Jacksonville attorneys from the Milwaukee-based law firm Foley & Lardner, as treasurer and deputy treasurer respectively, presented two proposals to the Florida secretary of state. Both point to Jacksonville as a target location for a casino resort.
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"The two proposed ballot initiatives are options we are exploring, with a focus on attracting gambling and related economic development in North Florida." - Sarah Bascom, spokesperson, Florida, responsible voters.
Amendment proposals
Under the first proposal, card room license holders would be allowed to have up to three locations where they can offer casino games if they are located at least 130 miles from tribal lands and commit to invest at least $250 million, which would result in bestbet companies being located in northeast Florida and Gretna. , as well as in the Jacksonville area in the mix.
Over 130 miles from any of the seven Seminole Tribe-owned casinos in Clewiston, Okeechobee, Coconut Creek, Hollywood, Immokalee and Tampa, Jacksonville has one of the busiest cardrooms in the state on Monument Road as well as a poker room on Park Avenue in Orange Park.
The licence holder would not be restricted to the location of the existing facility, as the proposal includes provisions for relocation to another location within the same county if the relocation occurs before the end of 2025.
The second proposal calls for up to three new casinos after a competitive bid and opens the door for a new player to set up shop with an establishment located at least 100 miles from Seminole gambling establishments, while applicants would be required to invest at least $500 million to develop the facility.
Regardless of which option LVS chooses, Jacksonville will check all the boxes and ensure a market size large enough to justify the investment. Mayor Lenny Curry further amplified rumours that Jax is a prime candidate, saying the city is the right choice for an LVS casino.
"I look forward to speaking with gaming industry leaders about our potential and why we are the right choice for @LasVegasSands." - Jacksonville Mayor Lenny Curry.
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