Ohio casino revenue not measuring up

Many of us supported the casinos in Ohio, but it’s important to acknowledge that all of the revenue projections used to sell the casino measure to Ohio voters are not being met. Basically, around $1.9 billion per year was projected, while the governor’s new budget has revenues at just around $1.0 billion.

One factor is that the Cleveland casino, which is doing very well, was projected to be much bigger. There will be a phase II, however, so that could definitely help the numbers.

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