Business Brief: St. Augustine Poised To Profit From Gay Marriage

Same-sex marriages have been performed in Florida since early January. A study from UCLA predicts Florida business owners will reap the benefits of additional weddings to the tune of $182 million over the next three years.

WJCT Business Analyst John Burr says, in Northeast Florida, St. Augustine is especially well-positioned to capitalize. That’s because, Burr says, business owners there have been marketing to the LGBT crowd for years.

Same-sex marriages have been performed in Florida since early January. A study from UCLA predicts Florida business owners will reap the benefits of additional weddings to the tune of $182 million over the next three years.

WJCT Business Analyst John Burr says, in Northeast Florida, St. Augustine is especially well-positioned to capitalize. That’s because, Burr says, business owners there have been marketing to the LGBT crowd for years.