MIAMI-Florida has been considering statewide casino gambling since January. The goal is to boost taxable revenue in a down economy—and it has a direct impact on new real estate development.
Florida Governor Rick Scott came out in opposition of a non-stop flashing green light on gambling in the Sunshine State, but the conservative seems more amenable to allowing poker tables and slot machines to fly.
Of course, Florida already has a statewide lottery, and the Seminole Tribe of Indians runs seven casinos and gambling sites in the state on reservation land. But that’s reservation land. Still, developers eyeing Florida seem to be tying mixed-use projects to a gambling element.
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