The state of Florida is still filled with legislators who are debating gambling law, so planning three mega-centers for gambling is some of the planning activities.
They understand how much money is moving through the market and are intent on channeling some of it into their economy and governor DeSantis is up for to take part in the booming gambling industry.
The bottom line for the state is that it is still struggling with a slow economy. Since the pandemic, most states are in the same boat but the legislators and the Florida state authorities are leading the process for a full back to business process.
They are trying to revive themselves on their own, but having difficulties with the process. Gambling provides a great option for them due to how popular the hobby is with millions of people.
The reality of gambling is that people are going to do it. Yes, they have cut back on their bankroll limits, but they are still gambling in record numbers.
Part of the reason is because payouts are getting bigger and bigger. Consumers are still hampered by the aftereffects of the pandemic and worried about rebuilding their nest eggs.
They want to find new ways of making their revenue more viable and gambling seems to be a fun way to do it! Florida officials are banking on public interest in gambling and hoping to rework with the laws to open the door for just that.
Right now Florida lobbyists are moving forward with plans for three new huge casino locations. They want to capitalize on public interest right now and see these gambling mega-centers as a great way to do just that.
There is opposition though. Many different anti- gambling activists are cropping up, but so are Indian-owned casino companies.
They see the new mega-casino locations as huge competition for their own businesses and are not happy about the pending changes.
They are hoping that they can come up with some way to put off the mega- centers so as to protect their own markets.
They believe that the mega-centers will relatively easily draw into their own customer base. Without that base, it may be difficult for them to continue with their operations.
They may have to extend their own attractive casino bonuses even more than usual to keep their own customers coming back.
Yet, despite the opposition, state legislators are moving forward with their plans. They know that there are billions of dollars on the tables and they want to make sure they benefit from that.