Gaming (Watch)

Gaming (Watch)

HB 7067 (formerly TGC1) (House Tourism and Gaming Subcommittee) ratifies and approves a 2018 gaming compact between the Seminole Tribe of Florida and the State of Florida, and authorizes the governor to execute the 2018 compact. Under its terms, the 2018 compact extends for 20 years both the Tribe’s current exclusive authorization to conduct banked games statewide and the tribe’s current exclusive authorization to conduct slot machine gaming outside of Miami-Dade and Broward counties. In exchange, the tribe will make revenue sharing payments totaling at least $3 billion to the state during the first seven years of the 2018 compact. The tribe may stop or reduce revenue sharing if the state authorizes specified gaming in violation of the exclusivity afforded by the 2018 compact. 

The 2018 compact reincorporates many of the same provisions of the gaming compact between the tribe and state executed on April 7, 2010 (2010 compact), as well as the following new terms and conditions: 

• Prospective ratification and approval by the Legislature; 

• Fixed 20-year term with no scheduled changes, extensions or expirations during the term; 

• Tribe receives exclusive authorization to conduct banked games at five facilities for full 20-year term;

 • Tribe maintains exclusive authorization to conduct slot machine gaming outside Miami-Dade and Broward counties for full 20-year term; 

• Maintains current level of monthly revenue sharing until the 2018 compact becomes effective; 

• Once effective, increases revenue sharing, including a guaranteed $3 billion in the first seven years;

 • The state’s portion of revenue share must be allocated to specified education programs to maintain the tribe’s revenue sharing obligations; 

• Any new type or new location of class III games not in existence as of January 1, 2018, either reduces or ceases revenue sharing payments; 

• Any reductions in the number of live performances at pari-mutuel facilities below current statutory requirements impacts revenue sharing payments; 

• Improves the process for identifying, resolving and/or curing breaches of the tribe’s exclusivity. 

In addition, the bill amends various substantive provisions in the chapters of the Florida statutes governing pari-mutuel wagering, cardroom gaming, slot machine gaming and general gambling. The bill: 

• Clarifies that slot machine gaming is not authorized at pari-mutuel facilities outside of Miami-Dade and Broward counties and clarifies that pre-reveal machines are prohibited slot machines; 

• Clarifies that only traditional, pari-mutuel-style poker games are authorized in cardrooms; 

• Provides for the mandatory revocation of dormant and delinquent permits, under certain circumstances; 

• Provides for the discretionary revocation of certain permits, under certain circumstances; 

• Prohibits the issuance of new permits, and prohibits the conversion of permits; and

• Prohibits the transfer or relocation of pari-mutuel permits or licenses. (Cook)