Florida Lawmakers Near Compromise To Allow New Miami Casinos

The conservative Florida House is on the verge of a compromise deal with the Senate that would allow for expanded gambling in Miami-Dade, according to floridapolitics.com.

Both the House and Senate have gaming bills in the current legislative session, but the current House bill doesn’t allow for new casinos in Dade or Broward, unlike the Senate version.

Several recent and pending court decisions could be about to open the door for a major expansion of gambling in the state even if no legislative action is taken, and the House now sees passing a bill as “lesser of various evils,”  according to a gaming industry source cited by the website.

One of the recent court decisions allows for Magic City Casino to open a card room in downtown Miami. Another pending decision could mean slot machines at the Fontainebleau hotel.

At a Conference Committee on Gaming, Senate leaders offered to revise their bill to allow for two new casinos in Miami-Dade, instead of one in Dade and one in Broward. A previous version required them to be split between the two counties, but the Seminole Tribe has been strongly opposed to a competing casino in Broward.

 

 

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Oscar
4 years ago

The reason this can be detrimental to the area has less to do with the often-cited “crime” and more with economics. All inclusive resorts (ones that offer room, dining, and entertainment) are designed and built to keep dollars within their walls. show Tourists that stay there spend less in other local establishments and, while there will be some additional tourism drawn to the resort, there is net cannibalization. For instance, when casinos began moving into Atlantic City, for every restaurant that opened in a resort-casino, 3 closed outside of it.

What make this project even worse in this particular case is that 1) this neighborhood is already doing quite well and getting better, 2) Miami already draws a huge amount of tourists and isn’t likely to see a sizable increase in traffic because of this resort, and finally, 3) since Genting is a Malaysian company, not only will local venues undoubtedly be shuttered but you better believe that most of those profits will be exported overseas versus being reinvested locally.

There are plenty of valid reasons to give this whole development a second look, I wouldn’t say that crime is really one of them, though.

Anonymous
4 years ago

you make some very valid points

Anonymous
4 years ago

You make great points. I think the large amount of hotel rooms in the original design may be overkill and some should be replaced with residential or office instead.

Anonymous
4 years ago

Nice, “Going for a gambling break, the report will be ready this afternoon!” Ha!

Anonymous
4 years ago

This, this, this

Anonymous
4 years ago

Massively AGREE with you!

Anonymous
4 years ago

You should run for commissioner!

Anonymous
4 years ago

“All inclusive resorts (ones that offer room, dining, and entertainment) are designed and built to keep dollars within their walls.”

Tell me something Oscar…how does or how much is mainland Miami benefiting from Miami Beach? Right now, Miami Beach is the biggest attraction in MiamiDade County. It’s built to keep dollars on that island.

Now…what will this resort casino cannibalize from in that area that you can point to? That whole area in the vicinity where Genting wants to build this resort casino is full of unsightly vacant lots and it’s very lifeless.

And why do people wanna bring up Atlantic City every time? Atlantic City is no Miami. Atlantic City was a dump that some thought casinos could revitalize. Miami doesn’t suffer from that dilemma. Plus, a huge new convention center could only benefit from a huge new resort casino.

“What make this project even worse in this particular case is that 1) this neighborhood is already doing quite well and getting better, 2) Miami already draws a huge amount of tourists and isn’t likely to see a sizable increase in traffic because of this resort.”

After reading that comment one can only ask, “what is this guy’s discontent about then?” You mean, people who come to Miami right now and really don’t indulge in gambling will suddenly change their minds and spend all their money at the craps table? You’re not making logical sense.

“since Genting is a Malaysian company, not only will local venues undoubtedly be shuttered but you better believe that most of those profits will be exported overseas versus being reinvested locally.”

Oh, you mean the “dead at night” Arts District is going to suddenly suffer because a resort casino will take patrons from it? And do we not see tons of dollars leaving the U.S. and going to Latin and caribbean Island countries every day already?

Please…I’m tired of all the silly arguments and unwarranted fear. Let Grownups in Miami have their resort casino.

Oscar
4 years ago

Miami Beach is “built to keep dollars on the island,” and “a huge new convention center could only benefit from a huge new resort casino?” Seems like this conversation is too grownup for you.

Anonymous
4 years ago

I see you hate it when your idiotic points get destroyed, don’t you?

Oscar
4 years ago

Perhaps in your own anonymous mind, anonymous internet user.

Anonymous
4 years ago

Yeah, anonymous, unlike you, one of the thousands of Oscar’s that live in the United States of America. Your name sure does narrow it down to exactly who you are and where you live.

Anonymous
4 years ago

I also read a long time ago that genting wanted to build off-site dormitory housing for its labor..this means they plan to import labor from Indonesia and pay them peanuts versus hiring local workers

Anonymous
4 years ago

I do not believe jobs will go to locals; we will see an entirely different group of folk with jobs. Just visit the East Hotel in Brickell – go to Sugarcane and hardly anyone is local.

suomynona
4 years ago

Cool. I’m not one of those people who think casinos are the devil or that they’ll lead to the destruction of Miami.

Anonymous
4 years ago

i live across the street from gentings property in the venetia…i have been to gentings resort casino in asia and it was astounding…the casino was such a small part of what they offer…there were more families at this property than gamblers….they propose a similar style resort on the herald property…this is NOT some magic casino or calder…this is something that added a great deal to the area in which it was built…i for one am looking very forward to seeing this come to fruition…..

Marc305
4 years ago

Exactly! I lived at the Venetia for years next to the nasty Miami Herald building, this will be a massive improvement. People are so against casinos, I see them as so much more than just a place to gable, if done right it will be yet another great destination I can hop on the Metromover and enjoy.

Anonymous
4 years ago

If you live on the South side of the Venetia your downtown views will be gone if Genting builds, its not going to be a pretty site at the ground level in front of the Venetia building with all the servicing a huge development,like Genting is proposing, requires. That structure will have a huge pedestal and will cast a large shadow on the Venetia…just sayin…

Anonymous
4 years ago

Terrible news. We’re better than this. Imagine the constant ring of slots as you walk through the Fontainbleau…obnoxious.

Anonymous
4 years ago

Do you even know where the slots will be located? Because I don’t think even fountainbleau does… Just more OLD PEOPLE complaining about nothing

Anonymous
4 years ago

Do you honestly believe they will NOT be located in an around the Blu Bar at the main entrance?

bitg
4 years ago

get it done so that Genting can build the long awaited Resorts World Miami and we can all enjoy the revitalized area…

Marc305
4 years ago

First “conservative” plan I am 100% in favor of. Pass it, sign it, build it!

Anonymous
4 years ago

BUILD IT!!!! But please keep the original design… pretty please!!!!

Anonymous
4 years ago

Bring it on.
Awesome design
People will come just to see this stunning structures.
Marina Bay was criticized the minute it hit the newspapers in Singapore, now it’s become not only THE iconic building, but people go there just to stay there, gawk at its impressive architecture and swim in that infinity pool 50 stories above the Singapore bay

Hello
4 years ago

This design has been scrapped

Anonymous
4 years ago

It was scrapped because the casino wasn’t allowed. There’s a little hope depending on what the outcome of this is.

Edin
4 years ago

Yesssssssss!!!!!!!!!!!!!!!!
Finally!!!!!!!!!!!!!!!!!!!!♠♥♦♣????????????????????????????????????????????????????????????????????????????????????????????

CEC
4 years ago

It has always been interesting to me that one of the reasons given for not approving the Genting proposal was that all the profits would go to Singapore. Using this logic one should not buy a Mercedes, a BMW, an Audi, a Porsche or a Volkswagen-all the profits go to Germany. Likewise no Luxus, no Toyota, no Nissan, no Subaru, no Honda, no Acura-all profits go to Japan. No Ferrari, no Maserati, no Lamborghini-all profits go to Italy.
The fact is, in all of these cases, not all profits go to Germany, Japan and Italy. Buy the car you want, if you have the money.

There are pros and cons with regard to gambling casinos in Miami-Dade County; hoever, before voicing an opinion either way, get the facts straght.

As for Resorts World Miami, it is estimated that the investment will be on the order of $3 billion. The investors are not donating this money to the citizens of Miami; they expect a return on their money. Therefore, some of the profits will go to Singapore.

Anonymous
4 years ago

Exactly. Buy American vehicles and you won’t have to worry about that.

Anonymous
4 years ago

yeah, and a lot of people in Miami gamble every time they try to keep up the payments on one of those vehicles you mentioned. But some people consider a casino to be the only “big bad bandit” everyone has to worry about.

Glenn E.
4 years ago

Florida will lose 50% of it’s tourist revenue without destination gaming, it will ALL be in Cuba if we don’t watch out…..the entire country of the Bahamas runs on US gaming dollars, Florida is actually one of the few ideal places for Casino’s because you can do so many things here, fishing, etc. Las Vegas is a desert and New Jersey is a slum with a wonderful winter. We need to get this done..

Anonymous
4 years ago

Why cant we make this Vegas? We’re pretty close already! And besides, Vegas is in a Desert! We have everything here! Everyone come to Miami!!!!

But someone please focus on Transportation because if not, nobody will be able to get anywhere

Anonymous
4 years ago

I am all about adding more hotel rooms to the area. Miami cannot compete with cities like Orlando, Atlanta and a few others when it comes to the REALLY BIG conventions. These large events provide a solid stream of revenue and taxes for Miami and the surrounding areas.

Afi
4 years ago

Build these casinos, including the American dream Miami mall casino as well.

Anonymous
4 years ago

You must be joking.

mike
4 years ago

I HOPE IT DOESN’T GO THROUGH! WE DON’T NEED ANOTHER TRASHY CITY LIKE VEGAS.

Anonymous
4 years ago

It doesn’t have to be another Vegas.
Casinos can be fun.
Bring tourists, dollars and jobs.

Casinos TES
4 years ago

It’s about time. Florida has casinos owned by the Indians with little benefit to it’s residents. Gambling is going on and the income loss to the state and residents is a shame.

Anonymous
4 years ago

So, the Seminoles are not residents of Florida?

Anonymous
4 years ago

Another sad day in Florida politics and for Miami.

Anonymous
4 years ago

Not only is this project a death knell for Miami, the design is probably the ugliest thing I have ever seen on the web. It is just a terrible design that would not bode well with the rest of Downtown Miami and would make the skyline look like poop.

Anonymous
4 years ago

That design you see is just a concept. We’ll probably see something totally different if this gets approved.

La Mala
4 years ago

UUgggg this will destroy the Venetian…

Long MIA
4 years ago

It will destroy greater Miami & the Beaches

Anonymous
4 years ago

I hear people say that and when I ask them how they say it would bring crime , like there is no crime in Miami now. Why do you think casinos would destroy Miami and the Beaches ?

Long MIA
4 years ago

No, it will have a destructive effect by sucking dollars that would otherwise be spent with other Miami business (local biz and corporate operators) with its onsite dining, entertainment, and shopping. To all the supporters of a land-based megacasino in Miami: careful what you wish for. And to all of you who love the rendering, it’s long out of date and what you see is not what will be constructed.

Anonymous
4 years ago

Agreed, all that cash will go to Genting…I hope they never approve the casino. It will destroy the area.

Anonymous
4 years ago

Give me a break with your End of Days spiel.

Anonymous
4 years ago

Yeah, I could just see it now after this resort casino finishes with it’s decimation, Miami looking the way New York did in the Will Smith movie – I AM LEGEND.

Anonymous
4 years ago

Oh you didnt know? They install criminals during construction…. lol

Anonymous
4 years ago

Agreed

Anonymous
4 years ago

Do it ….. this will be the multiplier effect for new investments in all the surrounded areas …….

Anonymous
4 years ago

It will do the opposite, it will be a huge foreign parasite in Edgewater and will suck the money away from all local businesses, all revenue will go offshore and will leave the local market high and dry. I honestly hope that they eventually sell this site or break it up for a more suitable use. Let’s support local businesses!

Anonymous
4 years ago

Hyperbole.

Anonymous
4 years ago

Oh darn…man, I feel guilty about taking the numerous trips to all of those foreign countries now.