Miami Herald: State rejects bid for slots at Miami airport
December 21st, 2009
The Miami Herald publised this article on December 19, 2009.
The Associated Press
A defeat to a bid to put slot machines at Miami International Airport.
State regulators rejected the proposal Friday, citing a variety of concerns. The airport was looking to the slots as part of a wide-ranging strategy to find new revenue as it deals with crippling debt.
MIA's annual operating cost is about $600 million but will skyrocket to $1.1 billion by 2015.
The decision to reject the proposal is good news for two other Miami area pari-mutuels. Hialeah Park and Flagler Dog Track/Magic City Casino had opposed the new competition.