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Casino News:

  Ohio moves towards its own casinos

CLEVELAND – With the opening of Horseshoe Casino at a cost of $350 million in the mid of May, Ohio has become the twenty-third state for expansion of gambling activities. Located on the south end of Lake Erie, the city has lost the job opportunities in the field of manufacturing. Betty Jo Palmer, the slot fan is a regular visitor to the casino who loves playing here on and off. Aged sixty-one, Palmer used to visit casinos in Erie, Rivers & Meadows casinos in Western Pennsylvania and Presque Isle Downs by taking bus on Fridays, her off days. She expressed happiness and satisfaction over the casino in Cleveland that is situated at a distance of sixty miles, west of Pennsylvania border.
Presque Isle has suffered a great set back in terms of slots revenues due to Horseshoe that started the gambling activities on May 14. Presque Isle suffered badly with a consecutive downward trend of revenues in the months of May, June and July.
The casino revenues generated are generally utilized for state’s horse-racing industry, property tax relief, municipalities and statewide economic development too. As stated by the gaming analysts, the casino in Toledo, Columbus and Cincinnati would affect Pennsylvania greatly. Considerable contribution is made by the Ohio residents towards business for the three casinos in Western Pennsylvania. Approx one-third of the license plates at Rivers in downtown Pittsburgh and Meadows Racetrack and Casino in North Strabane Township on a recent Saturday were found to be from Ohio.


   2012-08-09






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