Fla. House advances proposal to continue Seminole gaming compact | Trump's business partner considers building Vegas casino | Miss. casinos suffer 10% revenue loss in Feb.
March 22, 2017
Casino & Gaming SmartBrief
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Fla. House advances proposal to continue Seminole gaming compact
A Florida House committee passed a bill that would prevent gaming expansion and renew contracts with the Seminole tribe. The proposal calls for a payment increase to at least $325 million annually from around $250 million for the exclusive right to operate blackjack operations in Broward and Miami-Dade counties.
Miami Herald (tiered subscription model) (3/21) 
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Gaming Industry News
Trump's business partner considers building Vegas casino
President Donald Trump's business partner, Phil Ruffin, has discussed developing a casino off the Las Vegas Strip with the Trump Organization, and he has talked directly with Trump once since the election about a high-speed train between Las Vegas and California, which could create 80,000 jobs and bring plenty of gamers and hotel guests to their property. However, Ruffin, who is a 50% owner of Trump International Hotel Las Vegas, said he and the president have not discussed the train or the casino again.
Forbes (3/20) 
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Miss. casinos suffer 10% revenue loss in Feb.
Mississippi gaming revenue fell 10% in February compared with the same month last year. Excluding Choctaw Indian facilities, casinos raked in $172 million last month, down from $190 million the year before, according to the state Revenue Department.
The Sun Herald (Biloxi-Gulfport, Miss.) (3/21) 
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International Gaming
Macau gaming revenue jumps 17.8% in Feb.
Macau saw its greatest revenue growth in three years with February's 17.8% year-over-year rise, meaning the region has finally bounced back from the Chinese government's anti-corruption campaign, analysts said. The VIP sector in Macau is expected to grow about 3% this year, according to CLSA.
Macau Daily Times (Macau) (3/22) 
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Online and Social Gaming
Australia's parliament passes online poker ban amendments
Australia has passed the Interactive Gambling Amendment Bill 2016, which effectively outlaws online poker and restricts virtual sports betting. The new law only allows licensed poker companies to offer online play to gamers, but no licensing process is in place.
CardPlayer.com (3/21) 
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Tribal Gaming
Seminole program offers free slot play to racetrack visitors
Six Seminole-owned racetrack casinos in Florida are giving away $200 in free slot play to top players through a new membership program. The next tier of players can receive $50, and all new members are offered $25 in free play.
Miami Herald (tiered subscription model) (3/21) 
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