Ohio casino revenue may be less than projected - | WBTV Charlotte

Ohio casino revenue may be less than projected

CLEVELAND (AP) -

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.
    
The figure is significant because smaller revenues mean fewer tax dollars for the state.
    
Officials say the lower estimate takes into account competition from racinos and lower-than-expected revenues at the three casinos already operating.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

  • Local NewsMore>>

  • Police searching for a missing 9-year-old boy

    Police searching for a missing 9-year-old boy

    Tuesday, May 22 2018 5:43 PM EDT2018-05-22 21:43:42 GMT
    (Source: WBTV/File)(Source: WBTV/File)

    Charlotte-Mecklenburg Police Department is searching for a missing 9-year-old. Police say Antoine Taylor was last seen in the area of the 2700 block of South Boulevard. Taylor is described as a black male, approximately 50 pounds, 4' 5" tall with a low haircut. He was last seen wearing glasses, a navy collared shirt, khaki pants and gray new balance sneakers with a white stripe.  

    More >>

    Charlotte-Mecklenburg Police Department is searching for a missing 9-year-old. Police say Antoine Taylor was last seen in the area of the 2700 block of South Boulevard. Taylor is described as a black male, approximately 50 pounds, 4' 5" tall with a low haircut. He was last seen wearing glasses, a navy collared shirt, khaki pants and gray new balance sneakers with a white stripe.  

    More >>
  • Search teams continue to look for drowning victim at Elk River Falls

    Search teams continue to look for drowning victim at Elk River Falls

    Tuesday, May 22 2018 5:34 PM EDT2018-05-22 21:34:29 GMT
    (Steve Ohnesorge | WBTV)(Steve Ohnesorge | WBTV)

    Rescue teams continue searching the rough waters below the Elk River Falls in Avery county for a man who slipped off a rock Sunday. The victim is from Ohio, said authorities, and had stopped by to see the falls after attending a wedding in Asheville. He has not been identified yet. Witnesses said he was sitting on a ledge that leaned into the water below the falls and slipped into the water.

    More >>

    Rescue teams continue searching the rough waters below the Elk River Falls in Avery county for a man who slipped off a rock Sunday. The victim is from Ohio, said authorities, and had stopped by to see the falls after attending a wedding in Asheville. He has not been identified yet.

    More >>
  • Officials: Suspect 'tired of that drug house' fires shots outside of home

    Officials: Suspect 'tired of that drug house' fires shots outside of home

    Tuesday, May 22 2018 5:27 PM EDT2018-05-22 21:27:34 GMT
    Matthews Police DepartmentMatthews Police Department

    Matthews police are searching for a man accused of firing shots outside of a home Monday night. Officials say the shots were fired around 8:10 p.m. in the 800 block of E. Charles Street. Upon arrival officers spoke with people inside the home who said they observed a male holding a shotgun in the driveway threatening to kill to individuals, a report stated.  

    More >>

    Matthews police are searching for a man accused of firing shots outside of a home Monday night. Officials say the shots were fired around 8:10 p.m. in the 800 block of E. Charles Street. Upon arrival officers spoke with people inside the home who said they observed a male holding a shotgun in the driveway threatening to kill to individuals, a report stated.  

    More >>
Powered by Frankly