The closing of Dania Casino & Jai-Alai's gaming operation is expected to cost the state an estimated $3 million in tax revenue, a state committee reported on Thursday.
The Revenue Estimating Conference looked at money received from slot machines and Indian gaming in one of its three meetings of the year -- the last gaming forecast meeting was in July.
Gaming revenues grow about 1.5 percent per year, said Amy Baker, coordinator of the state Office of Economic & Demographic Research. The forecast is slightly lower for the upcoming year because of the loss of the Dania Beach gambling. The state revenue from slot machines is an estimated $181.7 million though figures were adjusted slightly at Thursday's meeting and the final numbers aren't yet available.
While jai-alai games are continuing at the longtime Dania Beach facility until Dec. 30th, the slots have already been shut down. The casino has announced that it would close for at least a year for a $50 million renovation. The Miami Herald reported in August the facility had the worst revenue performance in the South Florida gaming market.