New Florida gaming compact signed by Governor

Florida governor Rick Scott has agreed a new Tribal-State Gaming Compact worth $3bn over the next seven years.

New Florida gaming compact signed by Governor

The deal, which now requires approval from the House and Senate, would see the Seminole Tribe granted exclusivity over the likes of blackjack, roulette and craps while also capping the amount of gaming the tribe could offer.

The agreement would begin next year and last for up to 20 years, which includes a seven-year minimum guarantee.

It would create 4,800 new direct and indirect jobs, 14.500 direct and indirect construction jobs and generate $1.8bn in capital investment.

The compact lists a number of in-state developments which would not violate the tribe’s exclusivity, including additional slot licences in the Miami Dade and Palm Beach counties and the introduction of blackjack for pari-mutuels in Broward and Miami Dade, with some limitations.

In a letter to House Speaker Steve Crisafulli and Senate President Andy Gardiner, Scott said the Compact “provides certainty and stability for the gaming environment of the state”.

The previous compact was worth $1bn over five years.

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Gareth Bracken
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Gareth Bracken is an experienced gaming journalist and editor who spent more than six years with Players Publishing, progressing through a range of senior editorial roles across its flagship titles, including Gambling Insider. He joined the company in 2010 as an Editorial Assistant before advancing to Staff Writer, Senior Staff Writer, Editor, and later Senior Features Writer.

Between 2011 and 2016, Gareth played a central role in shaping editorial output across print and digital platforms, producing in-depth features, news coverage and long-form analysis on the global gambling and iGaming industries. As Editor from September 2014 to October 2015, he oversaw content strategy, editorial standards and production workflows, helping guide the publication’s development as a leading B2B industry voice.

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