Lawmakers Roll Dice On New Gambling Resort
Resort Would Include Convention, Vacation & Gambling Complex
POSTED: Friday, March 12, 2010
UPDATED: 7:44 am EST March 12, 2010
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TALLAHASSEE, Fla. -- Are cash-strapped Florida lawmakers ready to roll the dice on Las Vegas-style gambling resorts -- or is it just a bluff?The Las Vegas Sands Corp., which owns or runs casino-based destination resorts in Las Vegas, Singapore, Macau and elsewhere, told a House committee on Thursday it was eager to bring its act to Florida.Company officials proposed a $2 billion convention, trade show, vacation and gambling complex with high-rise hotels, vast exhibit halls, premium retail outlets, fancy restaurants and Vegas-style casinos."We want to build something so spectacular that the draw would be from South America and Europe," Andy Abboud, Sands' vice president of government relations, told lawmakers. "We don't want to re-circulate money just here in Florida."The complex would most likely be built in South Florida.The discussion came as lawmakers, Gov. Charlie Crist and the Seminole Tribe continue a sporadic, convoluted series of negotiations toward a "compact" that would expand the tribe's gambling offerings and contribute $150 million annually to the state. More immediately, a deal would bring harried budget writers $287 million now frozen in escrow.
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