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...
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