The State of Florida and its Governor, Charlie Crist, are prepared to solve the state’s current budget crisis by turning to something many see as morally questionable—allowing legalized gambling in the state. For the children, of course.
“Do it for the children,” Crist urged lawmakers. “We have a duty here as elected official to do everything we can for their future.”
The Governor’s new plan would allow the state to draw on a $1.1 billion line of credit from the Seminole Tribe of Florida in exchange for more legalized gambling, including exclusive rights to blackjack in the state.
But the deal would leave the state with no gambling money in year three of the 25-year deal. In year four, the state would receive “very little money,” according to Gov. Charlie Crist’s budget director.
The deal, which needs legislative approval, would let pari-mutuels in Broward and Miami-Dade counties – but not Palm Beach – install ATMS on casino floors, remain open 24 hours a day and increase poker limits.
The Governor’s full proposal can be found here.