Delayed Fla. House Vote Kills $4B Casino Resort For Now

Law360, New York (February 03, 2012, 7:54 PM ET) -- A Florida House of Representatives subcommittee deferred a vote on a bill Friday that would pave the way for gambling resorts in the state, temporarily shutting down a bid by a Malaysian conglomerate to develop a $3.8 billion casino-anchored resort in downtown Miami.

The House Business & Consumer Affairs Subcommittee voted to defer a final vote on one of a set of bills that would create the government framework to regulate and tax the proposed destination resort and casino. Legislators cannot do anything else with the...
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers