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Their (shortsighted) thinking was that they wanted to lock down table games before the race tracks and non-native casinos could get their hands on them. It paid big short term but now we're seeing what they could potentially lose long term.

Don't get excited about sports gambling in Florida yet. The deal the state has with the Indian tribes will kill that idea quickly. The Indian tribes would prefer that gambling gets limited to their casinos and their casinos only. Does anyone remember all the hooplah that went along with allowing...