Seminoles halt casino revenue-sharing payments to Florida

Florida’s Seminole Tribe has exercised its nuclear gaming option, choosing to halt casino revenue-sharing payments to the state after legislators failed (again) to reach a deal on revising the local gaming market.

On Tuesday, the Tallahassee Democrat reported that the Seminole leadership had sent a letter to Gov. Ron Desantis stating the tribe’s intention to stop sending the state its share of revenue from gaming operations at the tribe’s six Florida casinos, effectively blowing a nearly $400m hole in the state’s annual budget.

The letter, written by tribal council chairman Marcellus Osceola Jr., emphasized that the tribe and the state “have enjoyed a good relationship and we are hopeful that we will be able to reach an agreement that will strengthen that relationship for many years to come.” Nonetheless, Osceola Jr. believes the state has failed to live up to its end of the bargain, so the payment taps are being turned off.

DeSantis has yet to publicly comment on the tribe’s move but Barry Richard, who acts as outside counsel for the tribe, told Florida Politics that the next move in this game was “the state’s call.” If the state was to stop the “infringement” of what the tribe maintains are its exclusive rights to certain gaming products, “then the tribe is obligated to resume payments” to the state.