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RELATED NEWS/ARCHIVE Rep. Richardson finds 'horrific' conditions at another Florida prison 1 Month Ago The proposal by Sen. Bill Galvano, a Bradenton Republican, would broadly expand gaming in Florida by not only providing an opening for Genting, the Malaysian company, to build its long-sought resorts casino in Miami, it would also serve to prop up the declining horse and dog racing and jai alai industries by allowing them to breathe life into their operations with slot machines. For the newest gaming option, fantasy sports, the state would impose regulations, and require a permit to operate. It is a sincere effort to try to address these issues in a comprehensive way and balance private industry with maximizing revenues from the Seminole Tribe, Galvano told the Herald/Times. But, he added, the 112-page bill should also be seen as the states opening offer. It is also incumbent on the Seminole Tribe to negotiate back toward us, he said. Its a much better process to be addressing all the issues comprehensively by putting the states position out there and then having the Tribe respond. What I want to avoid is death by 1,000 cuts. Galvano, who last week became president of the National Conference of Legislators from Gaming States, said that in the past legislators have attempted to negotiate a comprehensive proposal only to have it get bogged down in little industry fixes as the competitive parimutuel industry struggled to compete with the Tribes growing gaming empire.
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Subscribe Donald Trump Pledges To Rip Up Iran Deal; Israelis Say Not So Fast Pachinko parlors with old school machines using metal balls and new versions that mimic slot machines are part of Japans current gambling industry with estimated revenue surpassing Macau, even without legal casinos. Japanese legislators took a first step toward casino legalization in December, a move many fear will increase problem gambling. (Photo credit: Andy Rain/Bloomberg News) When Japanese lawmakers passed the Integrated Resort Promotions Bill in December, they answered decades of prayers from casino operators around the world. Casino legalization in Japan is Asian gamings most wanted rule change, given that casinos in mainland China casinos are an impossible dream. Even after more than a quarter century of recession and stagnation, Japan is still the worlds fourth largest economy between India and Germany offering a sizable domestic market of 125 million with a penchant for other forms of gambling. Japan is also an attractive tourist destination that the government hopes integrated resorts will enhance. But legislation passed last month was just the first step in a process that promises to be as lengthy and as uncertain of a winning outcome as this first step was. Prime Minister Shinzo Abe has supported casino legalization since his first stint as Japans leader a decade ago. Rather suddenly in the final quarter of last year, power politics, personalities and a lack of other pressing business aligned in favor of Abe finally expending some of his political capital on casinos. The bill passed with support of Abes ruling Liberal Democratic Party and conservative opposition party Nippon Ishin no Kai rooted in Osaka, where IR enthusiasm runs high among local elected officials, while LDPs Buddhist based coalition partner Komeito and the main opposition Democratic Party voted again casino legalization.
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