State economists reduce slot machine revenue forecast

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State economists lowered their projections Monday for revenue from slot machines in the next three years from their September forecast, mostly because of the cannibalization of existing slot machine revenues when new venues open up, writes Gray Rohrer for the Florida Current.

Two new pari-mutuel facilities —

Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including SaintPetersBlog.com, FloridaPolitics.com, ContextFlorida.com, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.