Saturday, November 22, 2014

Florida Casinos and Racinos – What to Expect in 2015

I attended the Florida Gaming Congress held November 10th and 11th at the Hyatt Regency, Miami.  The conference was organized and produced by Spectrum Gaming.

Spectrum presented an outstanding slate of speakers and panelists which included Florida State Senators, past and present members of the Florida House of Representatives, senior leaders of owners and operators in the Florida Casino and Racino industries and significant members of the legal and finance industries involved in Florida gaming.

The primary focus was the future of the Casino and Racino Industry in Florida in light of the pending negotiation of the Seminole Compact renewal in 2015, and the development of the industry beyond.

Specific topics included:  
  • Casino and racino development in South Florida vs North Florida
  • Potential participation of Indian Casino development and racino facilities in North Florida
  • Expansion of the existing racinos in South Florida, entry of large destination resorts into Florida, and
  • Development of a Florida Gaming Commission.

The consensus was that whatever determinations and changes are made in 2015, they will be incremental rather than major. In upcoming posts, I’ll be writing on these discussions and further news and providing my ideas for 2015 and beyond. 

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