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Correction: State economists estimate casinos will cost state $2 - $90 m in losses

Florida's revenue estimating conference concluded on Thursday that the proposed revenue generated by bringing resort casinos to Florida will be a modest $153 million in the first year but will result in a $2 million to $90 million net loss in five years.

A previous blog item on this relied on incorrect information. We regret the error. Please check back for an updated story and more details on the revenue forecast.