Las Vegas Sands Corp. Funding Political Group To Campaign for Expanded Gambling Amendment

Las Vegas Sands Corp. Funding Political Group To Campaign for Expanded Gambling Amendment

After failing to achieve its goal of expanding gambling in Texas, the Las Vegas Sands Corp. is taking an interest in Florida. The company is interested in building a new casino in Florida. In fact, they are funding Florida Voters in Charge, a political committee, by providing it with $17 million. This committee is trying to get an amendment to the state constitution passed, which may enable the company to get the property they want in Jacksonville. This is a different strategy than the one they used in Texas, where they hired lobbyists to try and influence lawmakers.

The governor of Florida recently made a deal with the Seminole Tribe for a new gaming compact. This deal was to permit games such as craps and roulette as well as online and retail sports betting on properties owned by the Seminole Tribe. However, two pari-mutuel facilities have filed a lawsuit over the compact.

Las Vegas Sands Corp. does not intend to violate this compact but wants to use an amendment that was passed in 2018 to legally build a casino in Florida. Florida Voters in Charge is going to use the $17 million they received to try to get at least one of two possible amendments on the ballot that would allow the Las Vegas Sands Corp. to build a casino in Florida, likely in Jacksonville.