HOLLYWOOD, Fla. -- Las Vegas-style gaming is set to debut Sunday at the Seminole Hard Rock Hotel & Casino, and the Seminole Tribe of Florida is poised to cash in on the new-and-improved gambling venue.

Profits this year are projected to be more than $1.2 billion with blackjack, baccarat and Pai Gow poker making their debut in less than a week.

"I think this really take us to the next level," said Jim Allen, Seminole gaming chief executive officer. "It makes us a whole product, if you will. We have the same to offer that you would find in Atlantic City, (N.J.), Vegas or Biloxi, (Miss.)"

Construction crews have been busy wiring security cameras and installing new canopies where 71 new card tables will sit. They have already moved their poker operation to another building to make room for the new gaming tables.

The tribe also created a dealer school on the reservation and has recruited 40 experienced dealers for opening day.

While it might be good news to those at the Hard Rock, it's bad news for pari-mutuels elsewhere in South Florida. State-regulated pari-mutuels like Mardi Gras Gaming in Hallandale Beach are already hurting because of limited hours and a high tax rate.

"It really puts us at a disadvantage," said Mike Deluca, Mardi Gras slots director. "We can't put money in marketing. We can't put money into the facility. We are having a tough time keeping up with a facility that doesn't pay taxes."

Vegas-style gaming at the Seminole Hard Rock Hotel & Casino begins June 22.