News
News Home
Quick Bites
Exploradio
News Archive
News Channel
Special Features
NPR
nowplaying
On AirNewsClassical
Loading...
  
School Closings
WKSU Support
Funding for WKSU is made possible in part through support from the following businesses and organizations.

Hospice of the Western Reserve

Knight Foundation


For more information on how your company or organization can support WKSU, download the WKSU Media Kit.

(WKSU Media Kit PDF icon )


Donate Your Vehicle to WKSU

Programs Schedule Make A Pledge Member BenefitsFAQ/HelpContact Us
Ohio


Ohio's casino revenue estimates are half what was projected
Gov. Kasich's new budget puts the number at just under $1 billion, while voters were promised $1.9 billion
Story by TOM BORGERDING


 
In The Region:
Cleveland’s Horseshoe Casino took in more than $20 million last month, a 16 percent drop from December, but still the highest among the new casinos in the state.

The Ohio Casino Control Commission says casino revenues dropped last month by more than $3 million. And state officials say the casinos are generating far less revenue than supporters promised voters during the 2009 campaign that led to a constitutional amendment authorizing Ohio’s four casinos. For Ohio Public Radio, WOSU's Tom Borgerding reports the projected casino tax total could be off by as much as a billion dollars.
Casino revenue estimates are half what was projected in 2009

Other options:
Windows Media / MP3 Download (1:28)


During a 2009 campaign to persuade voters to approve casino gambling, the Ohio Department of Taxation projected casino taxes would produce $1.9 billion a year. 

But, a two-year budget proposal released earlier this week by Gov. John Kasich anticipates only half as much revenue. It projects the state’s four casinos will produce just under a billion dollars.

Democratic strategist Sandy Theis spoke for casino opponents during the 2009 campaign. Her message was then, and is now, that casino supporters oversold Ohio voters.

“But, it was very clear from the beginning that they would do anything or say anything to win and promising all that revenue and all those jobs was their primary argument.”

But, casino operators say the gambling landscape in Ohio changed after those 2009 revenue projections. Bob Tenenbaum speaks for Penn National Gaming, operator of casinos in Columbus and Toledo. He says the approval of electronic slot machines at seven Ohio racetracks diverted some gamblers and their money away from casinos.

“Video lottery terminals at the racetracks, that would probably reduce casino tax revenue by about a half billion dollars. So right there, you’ve got probably half of the difference between the 2009 estimate and the new estimate from the state.”

That still leaves another half billion dollars gap between 2009 projections and what the governor now predicts.
Add Your Comment
Name:

Location:

E-mail: (not published, only used to contact you about your comment)


Comments:




 
Page Options

Print this page

E-Mail this page / Send mp3

Share on Facebook



Stories with Recent Comments

Cleveland deal ramps up civilian oversight of police
i would like to see police get mandatory psych evals one a year from out side the department.

The generation gap in care for developmentally disabled Ohioans
I don't understand how a few hours a day of caregiving can possibly help a person who lives with complex/multiple disabilities. Many waiver recipients totally d...

Marijuana referendum may change more than pot's legal status in Ohio
If our representatives would act in accordance with the will of the people things like this wouldn't happen. They dragged their feet and blocked discussion on t...

Area pastors and congregation members protest justice system
I live in Cleveland. trust me when I say the high incarceration rate is due to the high crime rate.

Ohio's attorney general rejectsthe latest proposal to legalize marijuana
i think the ag launguage is money hes talking about drug companies must pay him more than responsible ohio can

PBS documentary chronicles the fall of Saigon through new footage and stories
Hi, Does anyone know the number - in the pbs special "Last Days of Vietnam" documentary, of how many Vietnamese were evacuated? Please e-mail me the answer. T...

Protest planned at tomorrow's FirstEnergy meeting
The problems of the poor and downtrodden have nothing to do with First Energy. They are the result of Republican legislators who consistently reduce taxes on th...

Ohio bill would help smaller communities with LGBT discrimination laws
Do we not try and have rights for all individuals equally? On the HUD list of "preferred" candidates who get "special consideration" it states that: For purp...

Ohio likely will continue with two types of police academies
Wake up people your wanting a Harvard law school education for a job that may pay a little over the poverty level. I don't know anyone who could support a wife ...

Police Week's ties from NE Ohio to D.C.
The men and women in blue who risk their lives everyday to serve and protect us....and this is as much recognition and appreciation that NPR/WKSU feels to offer...

Copyright © 2015 WKSU Public Radio, All Rights Reserved.

 
In Partnership With:

NPR PRI Kent State University

listen in windows media format listen in realplayer format Car Talk Hosts: Tom & Ray Magliozzi Fresh Air Host: Terry Gross A Service of Kent State University 89.7 WKSU | NPR.Classical.Other smart stuff. NPR Senior Correspondent: Noah Adams Living on Earth Host: Steve Curwood 89.7 WKSU | NPR.Classical.Other smart stuff. A Service of Kent State University