Kasich Wants Slots In Racetracks

UNKNOWN | Other
Published: 07/05/2011

COLUMBUS — Gov. John R. Kasich last month announced agreements with the two Ohio casino operators which would also authorize video lottery terminals at the state’s horse racing tracks.

Under Kasich’s deal with Penn National Gaming and Rock Ohio Caesars LLC, the companies each will pay the state $110 million over 10 years and be liable for Ohio’s Commercial Activity Tax on wagers minus payouts. Penn National Gaming is developing the casinos in Columbus and Toledo, while Rock Ohio Caesars will operate casinos in Cincinnati and Cleveland.