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Slots Bill Tied to New Marlins Stadium Funding PDF Print E-mail
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Written by The Staff   
Tuesday, 01 May 2007 02:05

New Marlins StadiumIn a case of two sides working to get something they want, the Florida legislature has brought forward a bill that would allow slot machines at 10 racetracks and jai-alai frontons, including four in Miami-Dade County. How does this impact the Florida Marlins? Tax revenues would be used to fill a $60 million gap to fund a new stadium for the club. As reported by the Miami Herald:

The deal would work like this: The House hates gambling but wants to give a $60 million subsidy to the Marlins to build a retractable-roof stadium. The Senate doesn't care for the Marlins stadium but has already voted to allow parimutuels throughout the state to put in slot machines.

So each chamber would hold its nose to pass a bill it dislikes to get something it badly wants.

House leaders denied Monday there is any direct link between the gambling bill and Marlins measure, but the sponsors are hopeful that since the gambling money would be steered to property tax cuts, both will survive.

''It appears to me there is a desire on the part of leaders of both chambers to give each issue a vote,'' said Sen. Steve Geller, the Senate Democratic Leader and sponsor of the slots bill. He added that the extra revenue from gaming would make the cost of the Marlins bill -- $2 million a year for 30 years -- "easier to stomach.''

As reported yesterday, the Marlins are running out of time as this Friday marks the end of the Florida legislative session.

To view artist renderings of the proposed Marlins stadium, like the one you see here, select this link to the Marlins renderings page on The Biz of Baseball.

 
 
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