Want to know if horsemen at Monticello are baking up the wrong tree in their dispute with the Raceway. Look at what the major shareholder at Monticello, Genting of Resorts is trying to move slots completely away from racing. Anyone see a trend here and the action of the Genting controlled Monticello? Anyone recognize the future dangers in complacency? FLORIDA REGULATORS BLOCK CASINO DEAL BETWEEN GULFSTREAM, GENTING by Paulick Report Staff | 03.17.2014 | 9:42pm Share on facebook Share on twitter Share on linkedin Share on stumbleupon Share on tumblr More Sharing Services Share on email Share on gmail Ask Ray Proposed Miami bayfront casino, operated by Genting, would be a scaled down version of this $3.1 billion proposal that Florida legislators rejected Florida’s Department of Business and Professional Regulations has ruled that a pari-mutuel and slots license issued to the non-profit Gulfstream Park After Racing Program (GPTARP) may not be moved from Broward County to Miami-Dade County to facilitate a stand-alone casino, according to a report by Dara Kam in News Service Florida. In January, Gulfstream Park owner The Stronach Group, along with the Genting resorts casino company, Florida Thoroughbred Breeders’ and Owners’ Association, and Florida Horsemen’s Benevolent and Protective Association, announced the formation of a partnership that hoped to bring slot machines to a waterfront casino near downtown Miami in Dade County. The proposed Resorts World Omni would be built on Miami bayfront land – formerly occupied by the Miami Herald – purchased by Genting for $236 million in 2011. The Resorts World Omni had been dependent upon either a favorable ruling from Florida’s DBPR or legislation that would allow the pari-mutuel and slots permit acquired by GPTARP to be moved from Broward to Miami-Dade County. The ruling, which News Service Florida said was issued on Friday, effectively blocks the Resorts World Omni project without legislative change. Gulfstream Park officials conducted two pari-mutuel races of 150 yards each on Dec. 18, 2013, to qualify for the permit in the name of the non-profit. The races were held near the start of the one-mile chute of Gulfstream Park’s dirt track. That portion of the property is in Miami-Dade County, with the remainder of Gulfstream Park situated in Broward County. According to News Service Florida, the DBPR ruling said the permit was issued for use in Broward County and cannot be moved. Other permit-holders, including Churchill Downs Inc.-owned Calder and John J. Brunetti’s Hialeah Park, objected to the “de-coupling” of permits that would allow slots and poker to operate at facilities where no horse or dog racing takes place. Legislation to de-couple pari-mutuel and slots permits is under consideration in Tallahassee as part of a sweeping gaming bill. Gulfstream Park and GPTARP officials maintained that holding pari-mutuel races in Dade County qualified the non-profit for a license to operate slot machines in that same county. Unlike · · Share
Posted on: Tue, 18 Mar 2014 18:45:18 +0000
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