The moving of Lebanon Raceway in Ohio got a big boost on Tuesday when Warren County Commissioners approved site plans that will allow the building of a new multi-million-dollar racetrack and casino in Turtlecreek Township near Dayton. The project is scheduled to begin next month and last a year. The new site, which has yet to be given an official name, is expected to open in 2014.
Lebanon Raceway was sold earlier this year to Churchill Downs Inc. and Delaware North Gaming & Entertainment Cos. The new racino will be a 188,000-square-foot building that could hold up to 2,500 slot machines. Plans call for the building of a five-eighths mile racetrack.
Reports state that construction is expected to cost $105 million, with another $70 million going toward expenses such as license fees and land. For those familiar with Ohio, the new racino will be located at the northeast corner of state Route 63 and Union Road, just off the Monroe exit off I-75 and about midway between Cincinnati and Dayton.
While approval has been given to Lebanon, Penn National Gaming is still waiting on word from the Ohio Racing Commission on its plans to relocate Raceway Park in Toledo to the Dayton area.