Crist signs $1bn Seminole gambling bill

Governor Charlie Crist signed Senate Bill 622 into law on Wednesday finalising an agreement between Florida and the Seminole Tribe that could pump $1.2 billion into state coffers over the next five years. The law gives the Seminole Tribe exclusive rights to operate Class III gaming — blackjack, baccarat and roulette — for five years and Vegas-style slot machines outside of South Florida for 20 years. In exchange, the state will get $435 million this year and at least $1 billion over the next five, which will be earmarked for education. Who was it said gambling was bad for kids? Read more.

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