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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.



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It's still a loss. Not to mention the other costs to our state.


So the state economists have fallen in line with the Tribes, the parimutuel industry, and the Chamber of Commerce ... all as orchestrated by Godfather Disney.

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