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Future of Casinos in Florida May Come Down to Jobs

By: AP
By: AP

MIAMI (AP) -- The recession and real estate collapse have left
Miami in need of jobs -- and some casino developers think they can
offer a solution.

They say Miami can become an East Coast version of Las Vegas. Malaysia-based Genting Group, which runs a massive casino in
Singapore, has already spent nearly a half-billion dollars to acquire property in downtown Miami. The group plans to build a sprawling $3.8 billion complex designed to look like coral.

But this new vision for Miami will require approval from the
Republican-led Legislature and Gov. Rick Scott, and that's not a
sure bet.

Casino backers have already begun a full-tilt lobbying effort.
It appears the debate over gambling will be one of the biggest
issues lawmakers deal with during the session that starts next
month.

(Copyright 2011 by The Associated Press. All Rights Reserved.)


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