Katy Sorenson was the lone vote against putting gambling (slots) out for a referendum today. It passed before lunch. The County will get a paltry 1.5% kickback from the activity. Good deal for the rest of the State, crap for the County. As Sorenson said, gambling is not doing as forecast in Broward - it is way down. Miami's Calder and two dog tracks will be the only venues to cash in. Hialeah, because they let their license lapse cannot be part of of the referendum (to the dismay of the Vile Natacha Seijas). Ron Book pushed the issue and it looks like he did a good job -- that is if you don't mind getting screwed by the rest of the State.
2 comments:
The State gets 50% of the earnings for schools, but gets to spend it anywhere in the state and we know how well they share with south florida. District cost differential anyone?
Maybe we'll add the math of roulette to the FCAT.
And 1.5% stays with the county. Big whoop-de-doo. The county will need that money to pay for the extra police and homeless shelters gambling will bring.
Each of Gulfstream Park's 1,221 slots generated on average $70 in revenue per day for May. That is $85,470 per day. Miami Dade gets 1 1/2%. Is that 1 1/2% of the 40% State take or is it 1 1/2% of the entire take? Anyway you look at it — it is peanuts. Someone do the math.
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