Business

Is Florida Warming to Las Vegas-Style Destination Casino Gambling?

By: Kenric Ward | Posted: September 29, 2011 3:55 AM
Genting MiamiArtist's rendition of Resorts World Miami | Credit: Genting
An inexorable push to expand casino gaming is gaining momentum in Florida.

Seeking to lure high-rolling "whales" to Las Vegas-style destination-resort casinos in Miami and Broward County, promoters are betting that the 2012 Legislature will go along for the ride.

Amid the state's search for jobs, gamblers are getting a more friendly reception from lawmakers and Gov. Rick Scott.

Scott has said he would support casinos as long as local voters approve.

"I think we need to make sure the local communities are supportive of it," he said. "We ought to have a vote.''

This week he went further, telling the South Florida Sun-Sentinel, "I want to look at all the different options that [casino developers] are coming out with,"

Tea party groups could provide valuable political cover to conservative lawmakers typically opposed to gambling ventures.

South Florida Tea Party Chairman Everett Wilkinson, who fought casino legislation last session, now says lawmakers need “to ensure that Florida taxpayers get maximum benefit.”

“We in the tea party movement are not necessarily social conservatives,” he said. “We are fiscal conservatives interested in what is best for Florida taxpayers."

Wilkinson cautioned that his West Palm Beach-based group would oppose any plan that does not protect revenues for pari-mutuel racetracks as well as the Seminole Indian Tribe, which has a $6 billion, 20-year gambling compact with the state.

"We want to see something additive,” he explained.

Past opponents of expanded gaming -- including former Gov. Jeb Bush, U.S. Sen. Marco Rubio and Florida House Speaker Dean Cannon -- have yet to speak out this time around. So casino developers have waded in.

In May, the Malaysia-based Genting Group purchased the Miami Herald building on Biscayne Boulevard, where it plans to build a $3 billion destination resort.

Miami New Times wryly noted this week that the "Resorts World Miami" project has been getting good press from the Miami Herald's "effusive and severely conflicted" coverage.

Meanwhile, gaming mogul Sheldon Adelson is eyeing the South Florida market for expansion of his Las Vegas Sands franchise. Adelson had closed-door meetings with several South Florida officials in the past week.
Lim KokGenting Group Chairman Lim Kok Thay plays at baccarat table.


Hotel-casino magnate Donald Trump, who has a home in Palm Beach, is also said to be angling for a high-end gaming project.

The overarching goal is to turn South Florida from a local market to a global playground that attracts the world's high-rollers. With nearly 15,000 slot machines already clattering away, the region is looking for international junkets to augment the mom-and-pop day-trippers.

A well-established second home for affluent South Americans, Miami could revive the heydays of Havana, whose casinos were a magnet for wealthy gamblers in the pre-Castro era.

More recently, the Las Vegas model -- which melds five-star dining, high-end retail, lavish entertainment and a sprawling convention business at megaresorts with 3,000-plus guest rooms -- transformed that city from a remote backwater to a glittering oasis.

The Genting Group's Miami project appears to be in that mold. Its proposed wave-like towers and sprawling lagoon harks to the over-the-top motif inspired by Bellagio, Wynn and other famed Strip resorts.

“The whales expect a level of amenities,” says former state senator and gaming expert Steve Geller.

But South Florida's big casino dreams could be a mirage, too.

Comments (12)

Grove Digger
4:14PM SEP 30TH 2011
One thing we call all agree on is that we need jobs. And this Genting deal will create 45,000 of them. Liberal, Conservative, Tea Party, and nut jobs we can all agree this is a good idea
Roger Manis
4:03PM SEP 30TH 2011
I sure hope Florida is worming up to Casinos because we desperately need the jobs. We already have casinos here in Florida they just belong to the indians and we get almost no benefit.
TeaPartySupporter
2:03PM SEP 30TH 2011
I think the Casino/Resort is a great idea. This will bring jobs and people to South Florida. Mickey Mouse and his friends will have to learn that this is a free country!
Christian Berke
2:54PM SEP 29TH 2011
The Genting Group has a long history of investing and working with business communities and this means this project will be the best Destination Resort which will be able to maximize the economic and job impact of Destination Resorts on the state's economy. We need the jobs, tax revenue to boost our economy.
Sienna Miller
11:46AM SEP 29TH 2011
I'm tired of Seminoles ripping off Florida tax payers---their casinos are RIGGED---that's why no one every wins--Seminoles wont allow state of florida to regulate. We need real casino resorts for south Florida
Wayne English
10:17AM SEP 29TH 2011
To ReublicanConscience: Unions are already in Floirda. They're just not as strong as in other states. A good example of a union was the machninist's union that caused Eastern Airlines to file bankruptcy. I think there are other ways to create jobs rather than bringing in casino gambling and the negative things that will go along with it.

Skeletor could release some of the highway construciton contracts that he froze when he took office and create jobs in that field, and we'd get new roads and updated infrastructure. Just a thought
Robert Lloyd
8:02AM SEP 29TH 2011
>>“We in the tea party movement are not necessarily social conservatives,” he said. “We are fiscal conservatives interested in what is best for Florida taxpayers."<<

If one is not socially conservative, how can you possibly be fiscally conservative? What a dumb statement... but it does show the corruption of what is now called conservative. This is NEO-conservative. That ain't gonna work.

This whole thing with gambling is merely a short term fiscal gain but is actually throwing our children's future away via government sponsored vice, the worst of all vices. Whoa, wait a second... gov't IS vice.
Beth Holler
7:48AM SEP 29TH 2011
I am not a gambler but I sure hope Florida approves gaming. We already have gaming and casinos throughout the state but most of the money goes to the Indians. Our state needs the $$$.
Steve Linder
7:41AM SEP 29TH 2011
The Tea Party should be supporting efforts to bring in more revenues into Florida and to create new jobs. the Tea Party is not only concerned about poor management of our government budgets, they are also interested in getting people back to work.
RepublicanConscience
7:02AM SEP 29TH 2011
First of all, Nevada built its economy on gambling and what did it get? Nevada is one of the worst hit states. If you bring gambling you will bring in unions. I say lets keep the tourism clean and family friendly in Florida.

If you are praying for the revival of Florida and Casino's are the answer, you're praying to the wrong god.
Bryan K Donnelly
10:42AM SEP 29TH 2011
FLORIDA NEEDS CASINO GAMBLING! TEA PARTY COULD DO IT.

I am a "movement conservative" going all the way back to Barry Goldwater as a kid; also a strong free market advocate and libertarian Republican (www.rlc.org.) I don't use alcohol or other drugs, smoke, or gamble, and, though an agnostic rather than a religious believer, have the highest respect for my Christian Conservative allies in the GOP coalition. But on this issue they are WRONG. Fortunately the Tea Party movement is, though religious conservatives are welcome, largely composed of what I call "inate libertarians." Folks who believe in government "minding its own business" and NOT regulating our lives.

Florida could profit enormously from casino gambling. Hell. we have it already on every Indian reservation and race track. The sunshine state has so much to offer beyond gaming that casinos would make us the destination of choice for millions of additional tourists. Jersey City is an arm pit and Las Vegas no more than a blot in the hideously hot desert. Neither has ANTHHING BUT GAMBLING to offer. Florida would rake in multi billions.

We've had referenda on gambling in the past; 1970's if memory serves. Got voted down. Know who led the attack against it? The MONEY came from the New Jersey and Las Vegas gambling industry (along with the current horse and dog tracks) and the spokesmen from among our Baptist preachers. Hey guys, if you don't like gambling, DON'T GAMBLE. What others choose to do is none of my, or YOUR, business!

One particularly silly arguement; gaming will BRING organized crime to Florida! It is already HERE, has been ever since Al Capone, Meyer Lansky, and Lucky Liciano. Hadn't y'all noticed?

Don't want it in YOUR town? Fine, exercise "county option." The voters decide. Miami, Fort Lauderdale, Palm Beach, Orlando, Jacksonville, Tampa Bay etc. would have casinos and y'all living in "East Dysentary" and "Pancake Flap" could vote it down. What's the problem?
Christian Berke
11:58AM SEP 29TH 2011
Well said Bryan. I agree entirely - for those that don't want it - let the voters decide. The arguments are silly and we need the jobs and tax revenues. Not to mention a World Class Resort would increase the competition in the free markets and the rest of the Miami hospitality industry will have to up their game. This is a good thing all around.