Florida Senate - 2007                      COMMITTEE AMENDMENT
    Bill No. SB 216
                        Barcode 543886
                            CHAMBER ACTION
              Senate                               House
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 1           Comm: RCS             .                    
       03/13/2007 12:11 PM         .                    
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11  The Committee on Regulated Industries (Geller) recommended the
12  following amendment to amendment (450244):
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14         Senate Amendment 
15         On page 3........., lines 16-17...., delete those lines
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17  and insert:  (9)  HIGH-STAKES POKER TOURNAMENTS.--
18         (a)  A cardroom operator may host a televised
19  high-stakes poker tournament twice each year for 1 week at a
20  pari-mutuel facility that is authorized to operate cardrooms
21  during the hours that the pari-mutuel facility is open to
22  conduct business.  Such a tournament may be conducted only
23  once in any 6-month period.
24         (b)  A high-stakes poker tournament shall consist of a
25  series of games played at multiple tables. Tournaments shall
26  be played only with tournament chips which shall be provided
27  to all participants in exchange for an entry fee and any
28  subsequent re-buys.  All players shall receive an equal number
29  of tournament chips for their entry fee.  Tournament chips
30  shall have no cash value and shall represent tournament points
31  only.  There shall be no limitation on the number of
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    5:14 PM   03/12/07                              s0216.ri31.00C


    Florida Senate - 2007                      COMMITTEE AMENDMENT
    Bill No. SB 216
                        Barcode 543886
 1  tournament chips that can be used for a bet except as
 2  determined by the cardroom operator.  Tournament chips may
 3  never be redeemed for cash or any other thing of value. The
 4  entry fee for a tournament shall be decided by he cardroom
 5  operator. The distribution of prizes and cash awards shall be
 6  determined by the cardroom operator before entry fees are
 7  accepted.  For purposes of tournament play only, gross
 8  receipts for the tournament shall mean the total amount
 9  received by the cardroom operator for all entry fees, player
10  re-buys and fees for participation in tournaments less the
11  total amount paid to the winners or other as prizes.  The
12  total number of players that may enter the tournament shall be
13  decided by the cardroom operator.
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    5:14 PM   03/12/07                              s0216.ri31.00C