Casinos

Ohio Casino Revenue May Be Less Than Projected

Associated Press — Tue, 05 Feb 2013 12:04:00 +0000

Gov. John Kasich's budget proposal suggests that revenue from Ohio's four voter-approved casinos could be about half of what officials had predicted years ago.

The Cleveland Plain Dealer reports that state officials estimated four years ago that the casinos could take in as much as $1.9 billion a year after all were in operation.

But Kasich's budget proposal issued Tuesday projects that gross casino revenue will be $957.7 million for the fiscal year beginning July 1. It could rise to just over $1 billion in the following fiscal year.

Ohio Schools Get Nearly $38 Million From Casinos

Associated Press — Wed, 09 Jan 2013 12:04:00 +0000

The state says Ohio schools are getting nearly $38 million in the first chunk of casino-tax revenue.

This is the first distribution to schools since casinos opened last year. The money is distributed on a per-pupil basis twice per year to more than 1,000 school districts and charter schools across Ohio. It works out to $20.93 for each of the roughly 1.8 million students.

The breakdown was announced Tuesday but the Ohio Department of Taxation. Schools receive 34 percent of the revenue, with 51 percent going to county government.

Ohio Casino Set to Open This Fall

Associated Press — Wed, 18 Jul 2012 20:04:00 +0000

Ohio's third casino is scheduled to open by early October in Columbus.

The Ohio Casino Control Commission on Wednesday decided the Hollywood Casino Columbus should open by Oct. 8, as long as it meets necessary requirements.

Commission Executive Director Matt Schuler says that includes the installation of about 3,000 slot machines and 70 table games and the licensing of employees and the casino itself.

A spokesman for developer Penn National Gaming says about 900 of the 2,000 employees have been hired.

PoliticsOhio: Ohio Roundtable Says They May Appeal Slots At Racetracks Decision

Emily McCord — Fri, 01 Jun 2012 19:53:15 +0000

For this weeks PoliticsOhio, Emily McCord speaks to Rob Walgate, Vice President of Ohio Roundtable, the group that opposes video lottery terminals at the state's horse racetracks. Walgate says his group may consider an appeal.

Workers Hurt in Ohio Casino Collapse Recovering

Associated Press — Mon, 30 Jan 2012 11:48:02 +0000

A company whose workers were hurt when a floor collapsed at an Ohio casino construction site says it's ready to resume work when investigators decide it's safe.

More than a dozen people were hurt Friday morning at the Horseshoe Casino Cincinnati site, where they were pouring a section of concrete floor. Most were treated for bumps and scrapes and released.

The president of Cincinnati-based Jostin Construction says four employees suffered orthopedic injuries. Three needed surgery.