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Fla. slots compromise?

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November 10, 2005 Send To A Friend  | Print View

Thursday's Fort Lauderdale Sun-Sentinel is reporting a compromise agreement appears to have been reached between the Florida State House and Senate regarding the addition of slot machines at racetracks and a jai-alai fronton in Broward County, including Pompano Park. The proposed agreement calls for the machines to be the Senate-preferred Las Vegas-style machines, which give higher payouts, instead of the House-preferred bingo-like machines that are operated on Indian reservations, with a 55-percent tax on profits.



The House had wanted the bingo-like machines to have the 55-percent tax while the Senate had been proposing a sliding scale, beginning at 35 percent and peaking at 55 percent if profits top $500 million. The tax dollars are required to be spent on education throughout the state.



The slots package will likely be considered at a December special session called by Gov. Jeb Bush.


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