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Seminole Tribe on track to see gaming revenues increase to $2.1B


Filed Under: Compacts
More on: economy, florida, revenue sharing, seminole
   

The Seminole Tribe celebrates a Decade of Rock at its Seminole Hard Rock Hotel in Hollywood, Florida. Photo from Facebook

The Seminole Tribe will take in $2.1 billion in gaming revenues this year, The South Florida Sun-Sentinel reports.

The paper made the calculation based on reports the tribe made to the state. If if turns out to be correct, the tribe will see a 6.8 percent increase in revenues from the prior year.

"We're very happy with the growth of the business and continuing to create economic benefits for the tribe and for the state of Florida," Seminole Gaming CEO Jim Allen told the paper.

The tribe is required to disclose certain figures with the state when revenues hit $2 billion, the paper said. Under the Class III gaming compact, the tribe is projected to share $256.8 million for the current year.

Get the Story:
Hard Rock's revenue equal to 8 other So. Fla. casinos combined (The South Florida Sun-Sentinel 8/31)

Related Stories:
Seminole Tribe failed to reach new Class III gaming compact (08/04)

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