{"id":31399,"date":"2015-09-24T12:06:42","date_gmt":"2015-09-24T19:06:42","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=31399"},"modified":"2015-09-24T12:07:54","modified_gmt":"2015-09-24T19:07:54","slug":"las-vegas-sands-gives-up-in-florida","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/las-vegas-sands-gives-up-in-florida\/","title":{"rendered":"Las Vegas Sands Gives Up In Florida"},"content":{"rendered":"
\"LVS
Sheldon calls home the lobbyists: the six-year LVS casino push is over in Florida (Image: thedailychronic.net)<\/figcaption><\/figure>\n

Sheldon Adelson\u2019s Las Vegas Sands has given up its Florida dream.<\/p>\n

After channeling untold funds into the push for casino expansion in the Sunshine State, LVS has lost patience with the legislature\u2019s failure pass any meaningful gambling reforms over the past six years and the lobbyists and PR men are packing up and going home.<\/p>\n

Adelson, meanwhile, must concede that his casino designs have had just as much success in the state as those of Donald Trump before him, which, according to Jeb Bush, is precisely zero.<\/p>\n

LVS\u2019 chief Florida lobbyist Nick Iarossi told FloridaPolitics.com that the company had started\u00a0canceling contracts with lobbying groups and PR companies at the beginning of the week, following a decision made over the weekend by the company\u2019s top brass.<\/p>\n

Seminole Domination<\/b><\/h2>\n

\u201cI understand their perspective,\u201d said Iarossi, who, as a lobbyist and fundraiser for RAWA<\/a> co-sponsor and presidential hopeful Marco Rubio, is at least not out of a job yet. \u201cWe\u2019ve been pushing this for six years with no success.\u201d<\/p>\n

Adelson had his work cut out in Florida, where the Seminole tribe holds a monopoly on the state\u2019s table games sector.<\/p>\n

Under the Seminole compact, which expired on August 1st 2015, the tribe were given exclusive rights to spread blackjack at their seven casino properties in return for a cut of a minimum of $1 billion over five years.<\/p>\n

A new deal is currently under negotiation, while a provision allows the tribe to offer blackjack for 90 days in the absence of an agreement.<\/p>\n

However, due to the current climate where it looks like the Seminoles will remain the dominant players, LVS felt it was time to bow out, according Iarossi.<\/p>\n

\n

\u201cAs long as the tribe is influencing the gaming landscape, there will never be room for us,\u201d he explained.<\/strong><\/p>\n<\/blockquote>\n

Gambling Joints<\/b><\/h2>\n

\u201cNo matter who wanted it, they weren\u2019t going to get destination gaming in Florida; it doesn\u2019t matter who you are,\u201d\u00a0Andy Abboud<\/b>, Sands\u2019 VP for government relations, also told FloridaPolitics.com.<\/p>\n

In 2012, a bill that would have allowed three destination casinos resorts in South Florida, the area on which Adelson<\/a> was believed to have set his sights, foundered on the legislative rocks. Earlier this year legislation\u00a0to\u00a0permit two destination casino resorts in South Florida also failed.<\/p>\n

Some have speculated that Adelson was so determined to gain a foothold in the state that his $2.5 million to Drug Free Florida\u2019s campaign against medical marijuana was an attempt to influence the right people.<\/p>\n

All was in vain, but no doubt the LVS chairman will be intently watching events across the border in Georgia as the casino debate there rages on.<\/p>\n","protected":false},"excerpt":{"rendered":"

Sheldon Adelson\u2019s Las Vegas Sands has given up its Florida dream. After channeling untold funds into the push for casino expansion in the Sunshine State, LVS has lost patience with the legislature\u2019s failure pass any meaningful gambling reforms over the past six years and the lobbyists and PR men are packing up and going home. […]<\/p>\n","protected":false},"author":42,"featured_media":31400,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13,18],"tags":[],"acf":[],"yoast_head":"\nLas Vegas Sands Gives Up in in Florida<\/title>\n<meta name=\"description\" content=\"Sheldon Adelson and Las Vegas Sands give up on Florida ambitions as Seminoles likely to remain the dominant force.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Las Vegas Sands Gives Up in in Florida\" \/>\n<meta property=\"og:description\" content=\"Sheldon Adelson and Las Vegas Sands give up on Florida ambitions as Seminoles likely to remain the dominant force.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/las-vegas-sands-gives-up-in-florida\/\" \/>\n<meta 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