Ohio casinos to open, legislation passes House
February 16, 2012
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Ohio’s first two casinos got the green light today to open in May, and Cleveland will go first, with Penn National Gaming's Toledo casino set to open the week of May 28. A casino in downtown Columbus is expected to open later this year.
Meanwhile, on Wednesday (Feb. 15) the Ohio House of Representatives approved legislation which includes rules for the installation of video lottery terminals -- VLTs -- at Ohio’s seven commercial racetracks. The vote was 69-24. The measure will now go to the Senate, which is expected to approve the measure and send it on for Ohio. Gov. John Kasich to sign.
The bill would allow temporary VLT facilities at the tracks, set a minimum of 75 days of live racing at each track in 2013, with the minimum increasing to 125 days by 2015.
The legislation also authorizes a $4.5 million sale by the state of prison-owned farmland adjacent to the Lebanon Correctional Institution, where a new Lebanon Raceway will be built, and establishes a $12 million fund for demolishing or redeveloping old racetracks, to be funded by tracks that relocate.