In case you haven?t been paying attention, poker in Florida is somewhat of a joke. The state currently has a number of odd restrictions put in place that greatly hamper the games made available to the players, including one law that places a $100 max buy-in cap on all cash games. So yeah, that means that some Florida card rooms were running $5 - $10 no-limit hold?em games where the participants could only buy-in for 10 big blinds. The terrible restrictions have been driving players crazy for years, but it now appears that finally some relief may be in sight.
The Florida House approved a new deal this week that will be uncapped poker to the state, as long as the governor signs off on the bill, which by all signs appears to be a certainty. Other changes that the deal brings includes the right for the Seminole tribe to operate slot machines and host blackjack games at five of their seven casinos, as well as extend the operating hours of the poker rooms. The changes are expected to bring in an estimated $1 billion for the state and tribe over the next five years.
?This is a big contribution and a big commitment,? said Rep. Bill Galvano (R-Bradenton), one of the main proponents for the bill in the House. ?It?s not estimated, it?s not, ?Well, we might be able to achieve this.? This is a guarantee.?
For those of us outside Florida it seems almost impossible that poker would thrive in any state where experienced and professional players couldn?t put up more than $100 every time they sat down at the table, but it was a harsh reality for Florida residents. Hopefully this deal gets ushered in as fast as possible so that they can save some money that was typically spent on trips to Atlantic City and Vegas to get some real card action.
Source: http://www.pokerblog.com/florida-gets-major-poker-law-adjustment.html-0
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