What happens in Vegas may not belong in Florida.

That's according to a new report commissioned by lawmakers to help them figure out if they ought to open the door to multi-billion dollar resort casinos.

They might bring in more tax revenue, but the report warns mega casinos could also take business away from places like theme parks.

It's a prediction gaming executive Colin Au complains couldn't be further from the truth.

“It spreads the cake all over the place, and the people will come there - spills over the economy. It creates huge economic development for the people,” said Colin Au, Genting Americas President.

No matter the facts and no matter the risk and reward, the chances of lawmakers doing anything about gambling anytime soon don't look good.

It's a safe bet nothing will happen until at least November 2014.

Tampa Bay Times Tallahassee Bureau Chief Steve Bousquet said Tallahassee's Republican leaders are facing pressure from social conservatives and deep-pocketed companies like Disney not to expand gaming.

“We're heading into an election year legislative session, when they play it safe. The legislature plays it safe in an election year, next year there are a lot of senators, Republican senators, up for re-election. They won't be doing anything dramatic with gambling next year,” said Bousquet.

The second half of the legislature's gaming study is due out in October.