(from Gulfstream Park report)
Florida's first slot machines were delivered to the new Gulfstream Park Racing and Casino Oct. 20."This is a significant day for Gulfstream Park and we want our patrons to know that we will be ready to welcome them very soon," said Paul Micucci, president of Gulfstream Park. "It is also significant for the future of the state in that, for the first time, half of the revenue generated from slot machines will be devoted to the educational needs of Florida's youth."In return for its gaming license, Gulfstream Park will pay the state in the form of taxes 50% of its revenue from the slots and $3 million in the form of licensing fees. Additionally, 3.2% of the revenues go to Broward County and the City of Hallandale Beach; 7.5% go to horsemen in the form of increased purse money, and 0.75% to the state's Thoroughbred breeding program.Tribal gaming establishments, which are not taxed by the state, operate with a bingo-style Class 2 license.WMS Gaming is the manufacturer of the first shipment of slots to arrive at Gulfstream Park. Gulfstream Park will also install games designed and manufactured by International Game Tech and Bally's from Las Vegas.
Track officials unveil the first slots to usher in the new era at Gulfstream Park.
