US

Crist announces billion dollar gaming deal with Seminole Tribe

interns Contributor

A proposed gambling agreement between the Seminole Tribe of Florida and the state was expected to be signed as early as Wednesday afternoon, paving the way for more than $1 billion to flow from the tribe into state coffers over the next five years, Florida Gov. Charlie Crist told reporters Wednesday.

Following months of negotiations between legislative leaders, the tribe and Crist’s office, the governor announced the tentative agreement, which is acceptable to the tribe and lawmakers, who say the state’s five-year take is expected to be closer to $1.5 billion.

The agreement will allow the tribe the exclusive right to offer blackjack and other banked card games at five of its seven casinos in Florida.

Full story: Gov. announces billion dollar gaming deal with Seminole Tribe » Naples Daily News