MyOhioNow/Issue 6 announced today that a recent study from Michigan Consultants (a national market analysis firm) found that a proposed Ohio casino would generate approximately $255 million in payments to Ohio counties, and would ultimately be responsible for adding over 8,700 jobs to the state.
The study commissioned by MyOhioNow noted that the casino would generate approximately $850 million in gaming revenue -- the large majority of which would be spending from residents of Ohio who gamble at out-of-state casinos. With a gaming tax of 30% on revenue, the casino would generate approximately $255 million in tax payments for the 88 Ohio counties. In addition, the casino would directly provide for nearly 6,800 new jobs at its site, and with an expected ripple effect from the casino's operation, would ultimately be responsible for over 8,700 new jobs in Ohio.
"This analysis confirms what we've been presenting to Ohio," said Rick Lertzman, co-founder of MyOhioNow. "Issue Six will bring in millions of dollars in tax revenue and thousands of new jobs to Ohio, while keeping money from traveling outside the state."
MyOhioNow/Issue 6 also announced that an opinion from Professor Blake Watson of the University of Dayton School of Law unequivocally stated that tribal gambling in Ohio is a non-issue for Issue Six. According to Professor Watson, "one can conclude with confidence that no Indian tribe will be able to establish a casino in Ohio. Consequently, Tribal gaming in Ohio is a non-issue for Issue Six."
"Professor Watson's opinion is consistent with what we have been saying all along," added Dr. Brad Pressman, the other co-founder of MyOhioNow. "No Indian casino will be built in Ohio. Any argument to the contrary is ignorant of Indian law."
Issue Six -- on the ballot for the November elections -- will give Ohio voters an opportunity to legalize a resort casino in the state of Ohio. Under the current development plan, construction of the planned casino would likely commence within 12-18 months after the referendum is approved, and the casino would open approximately 18 months after construction commences.
The economic report and legal opinion can be viewed at www.yesonissue6.com or at www.myohionow.com
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