Florida Gaming License
A Florida Gaming/Gambling License can only be obtained through an authorized government agency. Depending on the type of business, where you're doing business and other specific regulations that may apply, there may be multiple government agencies that you must contact in order to get a Florida Gaming/Gambling License. Gaming licenses are issued by special commissions called gambling commissions. It is in their jurisdiction to issue gambling licenses, regulate online gambling, and decide which gambling companies are eligible to obtain a license based on their business conduct and codes of practice.
To fill financial gaps and provide more local jobs, New York state should pull the lever on a full-scale gaming license for Empire City Casino in Yonkers, a newly formed alliance contended Thursday morning.
A group of 30 businesses, labor unions and community organizations have joined forces to raise the pressure on state lawmakers and Gov. Andrew Cuomo to grant Empire City the license that would allow for live table games and retail and mobile sports betting.
The consortium of groups called “A Sure Bet For New York’s Future” is co-chaired by Business Council of Westchester executive vice president John Ravitz, Westchester-Putnam Central Labor Body president Tom Carey and Bronx Chamber of Commerce president Lisa Sorin.
“Empire City has been a proven winner for New York state,” Ravitz said during a Zoom press conference, calling the decision “no-brainer.”
MGM Resorts bought Empire City Casino and Yonkers Raceway in early 2019 for $850 million.
MGM leadership has signaled since its purchase they would like to become a full-scale casino. But a moratorium is in place until 2023 that would prevent Empire City from applying for a full license.
Australian gaming regulators said that Crown Resorts, owners of one of the country’s largest casinos and the largest in Sydney, is unfit to hold a gaming license, according to a Reuters report.
The statement was released Tuesday, just a week after regulators found “widespread money laundering and governance issues.” Crown is now undergoing an audit with the authorities to fix the problems if the company is going to keep its license and continue doing business. The review began after the allegations surfaced last December.
According to a Business Insider report, CEO Ken Barton stepped down on Monday after regulators found that the casino was allowing Chinese high-rollers associated with organized crime to launder money through its casino.
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In the report, commissioner Patricia Bergen said that Crown was “facilitating money laundering, exposing staff to the risk of detention in a foreign jurisdiction and pursuing commercial relationships with individuals” connected to criminal groups. Bergen recommended the audit process that is currently underway.
In 2017, three executives of the company did jail time in China for promoting casino gambling abroad, which is illegal under Chinese law.
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In addition to Barton’s resignation, three other directors have resigned. Barton will leave the company with about $1.08 million in company stock, his $3.3 million annual salary for 2021, and 11.5 million stock options, which carry an exercise price of $8.89. If those options are exercised, Barton could leave the company with about $60 million.