Warning: Constant ABSPATH already defined in /home/flanews/public_html/wp-config.php on line 34
Capitol News Service » Blog Archive » CFO Sink Says Florida Needs Gambling Money

Welcome to

Capitol News Service

Florida's Best Political Coverage on Television

 


 


 


Recent Posts

RSS Quote of the Day

  • Charles Baudelaire
    "Everything that is beautiful and noble is the product of reason and calculation."
  • Wilson Mizner
    "The best way to keep your friends is not to give them away."
  • Benjamin Disraeli
    "Silence is the mother of truth."
  • H. Jackson Brown, Jr.
    "Never forget the three powerful resources you always have available to you: love, prayer, and forgiveness."

CFO Sink Says Florida Needs Gambling Money

December 15th, 2008 by Mike Vasilinda

CFO Alex Sink says Florida is losing money it should be receiving from gambling on Seminole Reservations.

Last year, the state agreed to payments from the Indian gaming in exchange for exclusivity. In July the State Supreme Court ruled the deal was illegal because lawmakers didn’t have a say. Now state lawmakers are mulling their options, but Alex Sink, the State’s Chief Financial Officer, says whether you like it or not gambling is here and the state needs the money.

“Ideology aside, we have gambling in Florida,” Sink said. “So we may as well take advantage of any opportunity we have to get our fair share of the revenue out of it.”

Sink also says the state could benefit from lower medical costs if it were to hike the cigarette tax to somewhere near the national average. Florida’s tax is just under 34 cents a pack, the national average is $1.12.

Posted in Cabinet, Gambling, State News | No Comments »

Leave a Comment

Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.

copyright © 2016 by Capitol News Service | Powered by Wordpress | Hosted by LyonsHost.com