scooterbug44
SoWal Expert
So if Christ et al don't reach an accord by Nov 15, the tribe will still get the gaming they want.................and there will be no anti-competition clause to prevent Pan-vegas? 
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New developments in PCB?
- Thread starter Matt J
- Start date
You might have missed the point. The State is going to execute the compact - the feds letter ordering it by November 15th is likely just political cover for Crist so that he can tell voters opposed to gambling that his hands were tied. I would be surprised if an anti-competition clause encompassed the entire State. My uneducated guess is that it would make parts of central and south Florida off-limits making the panhandle a possible alternative for the private gambling interests. We'll see.
scooterbug44
SoWal Expert
So he's the good guy because w/ his proposal, the state gets money and limits the gambling...................that the fed is going to allow anyway.
Ahso......When the government "limits" gambling, it almost always comes in the form of an expansion (i.e. we'll allow it, but........). I think more expansion of the gambling interest in Florida is inevitable given the downturn in the real estate market and the property tax debate. Florida led all states in the Union last year in percentage of growth in gambling revenues. The gambling folks are master promoters - you'll probably hear them soon (if not already) talking about their ability to fill the void in the state and local coffers if some restrictions are lifted. How do you think the locals in Bay County will vote when the debate is framed as raising property taxes or allowing "limited" gambling? I would not be surprised if the Panama City area is considered a prime location for expansion because of the airport and because of its proximity as a driving destination for the southeast. A casino in Panama City Beach doesn't have to grind it out of the locals - it's a lot more palatable for the politicians.
Maby they shorted CROX http://finance.yahoo.com/q/bc?s=CROX&t=3m or sold out at the top.
SHELLY
SoWal Insider
I can't knock CROX......cashed out of 75% here: SoWal Beaches Forum - View Single Post - Gold Bullion for sale
...got "stopped out" of the final 25% @$65 and change
CROX was berry-berry goould to me.
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Bob - don't know if you would consider any of the places "livable", but many cities in the US besides Vegas and Atlantic City have some gambling related interests. I think one of those cities is about 45 minuntes down I-4 from you. That city's landbased casino is going thru some pretty significant expansion as we speak. As to Shelly's comments about Vegas and real estate, I'm indifferent to gambling but without it, Vegas would be inhabited by little more than sand. Might not be for everyone, but hard not to be impressed with places like the Wynn and Bellagio.
Bob
SoWal Insider
You answered the question. Gambling is the quick buck for government, but a blight on the community. It turns communities into CarnyWorld. Why do you think the state will shield Central Fl from gambling? They don't want it anywhere near Disney. The entire gaming industry is seedy in the extreme.