A study by the national market analysis
firm, Michigan Consultants, determined that a proposed Ohio casino
would generate approximately $255 million in payments to Ohio counties,
and would add more than 8,700 jobs in the state.
The study, commissioned by MyOhioNow, notes that the casino will likely generate approximately $850 million in gaming revenue. The majority of those revenues will come from be spending by residents of Ohio now who gamble at out-of-state casinos. With a tax of 30 percent on revenues, the casino will generate approximately $255 million in tax payments for all 88 Ohio counties.
What's more, the casino will directly provide for nearly 6,800 new jobs at its site, and with an expected ripple effect from the casino's operation, will ultimately create 8,700 new jobs in Ohio.
"This analysis confirms what we've been presenting to Ohio," said Rick Lertzman, co-founder of MyOhioNow. "The Issue Six referendum will bring in millions of dollars in tax revenue and thousands of new jobs to Ohio, while keeping money from traveling outside the state."
MyOhioNow/Issue 6 this week also disclosed that an legal opinion generated by Professor Blake Watson of the University of Dayton School of Law "unequivocally stated" that tribal gambling in Ohio is a non-issue for Issue Six. According to Watson, "one can conclude with confidence that no Indian tribe will be able to establish a casino in Ohio. Consequently, Tribal gaming in Ohio is a non-issue for Issue Six."
Others agreed with that legal assessment. "Watson's opinion is consistent with what we have been saying all along," added Dr. Brad Pressman, the other co-founder of MyOhioNow. "No Indian casino will be built in Ohio. Any argument to the contrary is ignorant of Indian law."
Issue Six -- on the ballot for the November elections -- will give Ohio voters an opportunity to legalize a resort casino in the state of Ohio. Under the plan, construction of the planned casino will likely commence within 12-18 months after the referendum is approved, and the casino would open approximately 18 months after construction commences.
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