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1976: Lexicon Corp. is formed.
In 1978, a measure to allow casino’s in Dade and Broward county failed by a wide margin.
1979 – Seminole tribe opposes Florida limit on bingo games and opens high-stakes bingo hall in Broward County. (http://news.google.com/newspapers?nid=2206&dat=19791116&id=JtYzAAAAIBAJ&sjid=ZusFAAAAIBAJ&pg=3637,2260353)
1981 – 8 retirees are arrested for playing a low-stakes poker game in their retirement community.
In 1981, the department sued Collett personally, claiming he had stripped Pilgrim of its liquid assets." He reportedly settled the suit for $175,000 two years later.
1986 – Florida voters approve the lottery. (https://results.elections.myflorida.com/Index.asp?ElectionDate=11/4/1986&DATAMODE=)
1988 – The lottery began operations in 1988.
1988 – Federal government passes Indian Gaming Regulatory Act – this act gives the native tribes any form of gambling legalized in the state, and the ability to augment the game by electronic means.
In 1988, Levy created a subsidiary called Sports-Tech, which created a video-editing system for professional and college football coaches.
1989 – Florida legalizes penny-ante poker games in private homes as long as the pot does not exceed $10.
By 1993, the company was on its way to being delisted by the NASDAQ. Lexicon was sold to Freedom Financial Corp., and Levy resigned as both an officer and director of the company.
A referendum calling for the creation of 47 casinos, including the state's 30 parimutuel sites, was on the ballot in the November 1994 election.
1994: Fort Pierce jai-alai facility is acquired; the company changes its name to Florida Gaming Corporation.
In June 1995, the company signed an agreement with Centrum X Corporation, gaining first refusal rights to develop and manage a casino on the Tonkawa Indian Reservation in Oklahoma.
Also in August 1995, Florida Gaming signed an agreement to run a casino for the Ponca Tribe in Douglas County, Nebraska.
1996: Three more jai-alai facilities are acquired.
Pari-mutuel owners again complain that their business is hurt by this competition. (Bell, Maya, “Tracks, Frontons Race to Survive in Post-Lottery World,” Orlando Sentinel, March 9, 1997, Business Section, pg.
In addition, the company attempted in 1997 to become involved in Las Vegas, agreeing to pay $14.5 million for the Bourbon Street Hotel and its shuttered casino, a small property located a block from the famed Las Vegas strip.
Approval for Low-Stakes Poker Rooms: 1997
The NASDAQ also made note of the situation when announcing that Florida Gaming would be delisted in August 1998.
1998: Tampa Jai-Alai is sold.
In fact, the entire jai-alai industry was on the verge of collapse. It was not until August 2000 that the company was able to complete a sale of the fronton.
2000: Ocala Jai-Alai is sold.
In February 2002, Florida Gaming signed an agreement to broadcast its Miami Jai-Alai matches over the Internet, using streaming video.
Poker betting raised to $2, with maximum three-raise limit, in 2003
Voters approved 2004 referendum to allow slot machines in Broward and Dade county betting facilities
In 2007, Governor Charlie Crist signed a compact with the Seminole Tribe of Florida.
2007 – Bet limits at pari-mutuel poker rooms raised to $5 from $2 in limit poker games.
In November of 2012, Lee County voted to allow slots at its Bonita Springs.
Beginning in 2012, as Florida counties continued to struggle with loss of funds due to the Great Recession, county after county began to pass local ballot measures to approve slot machines in their betting parlors.
2013 – Spectrum Gaming Group released a report, commissioned by the Florida Legislature at a cost of $388,000 to assess the state’s gambling market.
After 2015, when the tribe’s 5-year blackjack agreement came to an end, things got much more tense with the state and tribe.
The final county to approve slots, also in 2016, was Duval County.
Eventually, a lawsuit between the tribe and Governor Scott was settled in 2017 that would allow blackjack to continue in the state, with payments from the tribe continuing.
In 2018, Florida’s Constitutional Revision Commission put a measure before the ballot that would ban wagering on live dog racing.
However, the decoupling bill allowed former greyhound tracks (closed due to the 2018 amendment), the jai alai centers, and standardbred horse racing tracks to continue gaming without running races/games.
Opponents of gambling – many of who backed Amendment 3 in 2018 – argue the legalization of sports betting is an expansion of gambling that Amendment 3 mandates voters approve of.
Things came to a head when the tribe announced in 2019 it would stop making payments to the state due to its failure (as backed up by a judicial ruling) to enforce the tribe’s right to exclusive blackjack gaming in Florida.
Finally in April of 2021, Governor DeSantis and the Seminole Tribe came to an agreement on a new gambling compact.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Youbet.com | 1987 | - | 326 | - |
| Prairie Meadows | 1989 | $110.0M | 1,100 | 35 |
| Westrac | - | $22.0M | 3,500 | 8 |
| Lucor | 1986 | $82.9M | 2,000 | - |
| AutoBody America | 2006 | $680,000 | 50 | - |
| Motor & Equipment Manufacturers Association | 1904 | $1.6M | 30 | - |
| America's PowerSports | 1998 | $590,000 | 10 | - |
| JK Auto Parts | - | $2.0M | 25 | - |
| Mecum Auctions | 1988 | $9.3M | 154 | - |
| JM&A Group | 1978 | $7.0M | 75 | - |
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Jai Alai may also be known as or be related to FLORIDA GAMING CORP, Florida Gaming, Florida Gaming Corp. and Jai Alai.