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Fontainebleau owner Jeff Soffer buying Mardi Gras casino in Hallandale Beach


Real estate mogul Jeffrey Soffer is in talks to purchase the ... Hartman & Tyner is also selling its West Virginia greyhound track to a different buyer, Adkins said. “I'm still employed by Hartman & Tyner at this point,” he said, adding he wasn't ...


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Jeff Soffer, CEO of Turnberry Associates, said he is purchasing the Mardi Gras casino in Hallandale BeachSoffer will form a new company to handle the casino, which will not be part of Turnberry’s portfolio MIAMI HERALD FILE PHOTO Jeff Soffer, CEO of Turnberry Associates, said he is purchasing the Mardi Gras casino in Hallandale BeachSoffer will form a new company to handle the casino, which will not be part of Turnberry’s portfolio MIAMI HERALD FILE PHOTO jQuery(document).ready(function () { mi.leadAssets.init(); }); Business Fontainebleau owner Jeff Soffer buying Mardi Gras casino in Hallandale Beach By Rene Rodriguez, Douglas Hanks And Mary Ellen Klas rrodriguez@miamiherald.com dhanks@miamiherald.com Herald/Times Tallahassee Bureau LinkedIn Google+ Pinterest Reddit Print Order Reprint of this Story $(document).ready(function () { mi.articleShareTools.init({ nextLinkedin: '8564', nextPinterest: '8630' }); mi.socialSharingScroll.init(); }); January 12, 2018 06:23 PM Real-estate mogul Jeffrey Soffer is in talks to purchase the Mardi Gras Casino and Race Track in Hallandale Beach, adding the gambling destination to a family portfolio that includes the nearby Aventura Mall and Miami Beach’s Fontainebleau Resort The Soffers have wanted to bring a casino to the Fontainebleau as part of a statewide tussle on Florida’s gambling laws, and acquiring the Mardi Gras Casino would give the Aventura-based family a piece of the state’s gaming industry. It also raises the possibility of a future legal gambit to transfer a casino license from the Hallandale greyhound track to the far more lucrative hotel market of Miami Beach, but Soffer said Friday that such a move is both illegal and not in the cards. “I just like the real estate,” Soffer said of the Mardi Gras property“I like the businessI think it’s a good opportunity.” jQuery(document).ready(function () { mi.renderNewsletterIframe.init({ container: '#newsletter-signUpWidget', url: 'http://x.email.miamiherald.com/ats/url.aspx?cr=663&wu=218' }); }); Never miss a local story. Sign up today for a free 30 day free trial of unlimited digital access. SUBSCRIBE NOW jQuery(document).ready(function () { mi.calltoActionCtrl.init(); }); Florida law hasn’t allowed the transfer of casino licenses to other properties, but there have been efforts to expand the rules to allow itIn 2014, Florida denied an effort by Gulfstream Park, also in Hallandale, to transfer a parimutuel permit to the Omni hotel complex, owned by Malaysian casino giant GentingGenting failed to have a court overturn the decision Soffer emphasized that the deal involves him and not Turnberry, the family-operated real-estate empire that includes both the mall and the FontainebleauHe said talks continue and that he expects the deal to close in the next couple of months“We’re going to buy it.” The news comes after nearly 40 years of operation by the current owners of the Mardi Gras Casino and Racetrack. Hartman & Tyner, which has operated Hollywood Greyhound track since 1978, is working on the final elements of the purchase agreement with Soffer, said Dan Adkins, vice president of Mardi Gras, who has worked with the company since 1987. The sale comes after much of the operation had been shuttered for months following damage from Hurricane Irma. Soffer, who has long sought a permit to build a casino at his Miami Beach resort, will obtain the casino permit owned by Mardi GrasUnder state law, the gaming business cannot be moved to another location. Hartman & Tyner is also selling its West Virginia greyhound track to a different buyer, Adkins said “I’m still employed by Hartman & Tyner at this point,” he said, adding that he wasn’t sure what his future held“It’s a landmark decision, and for a guy like me, who’s been around for so many years, it’s a little dishearteningThings change.” Adkins, 60, has been the face of the Mardi Gras operations for decadesIn 2004, he spearheaded the campaign to bring slot machines to South FloridaHe said he looks forward to spending more time with his three grandchildren The prospects are limited for gambling expansion during the legislative session that began last week Next week, SB 840, introduced by SenTravis Hutson, R-Palm Coast, will get its first hearingThe measure would allow racetracks to operate casinos without live racing, reduce taxes on some slot machine operations and exempt fantasy sports games from regulation in Florida There is no legislation pending that would allow Soffer to move Mardi Gras’ gaming permit from Broward to Miami-Dade County Dan Adkins is vice president of Hartman & Tyner, Inc., a company that owns the Mardi Gras Race Track and Gaming Center in Hallandale Beach, formerly the Hollywood Dog Track Bob Eighmie lazyLoadingModule("inlinegallery-template-194497514", "inlinegallery-target-194497514", "gallery",500, undefined, undefined, undefined, "undefined", 194497514 , 1 ); !function(){var TOUT=window.TOUT=window.TOUT||{},utils={getCanonicalLinkHref:function(){for(var links=document.getElementsByTagName("link"),i=0;i-1}}}(); !function(){var TOUT=window.TOUT=window.TOUT||{};if(console&&console.log&&console.log("Tout SDK: "+ +new Date),!TOUT._sdkScriptTagParsedAt){TOUT._sdkScriptTagParsedAt=new Date,TOUT.EMBED_CODE_VERSION="1.2.0";var 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