Casinos in Miami made possible by new legislation

Florida lawmakers Rep. Erik Fresen and Sen. Ellyn Bogdanoff have filed legislation that would offer casino licenses to three resort projects in Florida. Those wanting to apply for a license would be required to pay a $50 million fee to be considered, with more weight given to projects that start construction earlier. Each resort would have to spend at least $2 billion on development and construction after receiving the license. Malaysian firm Genting, which is looking to open a casino in downtown Miami, said the Destination Resorts Act, as the legislation is called, would bring 100,000 new jobs to the state, according to spokesperson Jessica Hoppe. [SFBJ]

Please also see the previous article; Plans for Futuristic Miami multibillion resort revealed

About Stefan