Ohio Casino Revenue To Schools
Cuyahoga County Fiscal Office. Casino Tax Allocation Counties 51% Schools 34%. Casino revenue estimates taken from Cincinnati Enquirer article dated June 1, 2012. Columbus revenue assumes 50% decrease of 2009 revenue estimate. Casino Tax Overview.
| Hollywood Casino Columbus | |
|---|---|
| Location | Columbus, Ohio |
| Address | 200 Georgesville Road |
| Opening date | October 8, 2012 |
| Total gaming space | 160,000 sq ft (15,000 m2) |
| Casino type | Land-based |
| Owner | Gaming and Leisure Properties |
| Operating license holder | Penn National Gaming |
| Coordinates | 39°57′2″N83°6′26″W / 39.95056°N 83.10722°W |
| Website | hollywoodcolumbus.com |
Hollywood Casino Columbus is a casino located in Columbus, Ohio. It opened on October 8, 2012. It is owned by Gaming and Leisure Properties and operated by Penn National Gaming.
Casino Revenue Florida
History[edit]
Ohio voters approved (53%) a state constitutional amendment in November 2009 authorizing casinos in the state’s four largest cities: Cleveland, Cincinnati, Columbus and Toledo.[1] It was the fifth statewide vote to legalize gambling in Ohio over 20 years.[2]
Hollywood Casino Toledo, developed and operated by Penn National Gaming, opened on May 29, followed by Hollywood Casino Columbus, which opened on October 8, 2012.[3]
Gross casino revenues will be taxed at 33 percent, one of the highest rates in the nation for a resort casino with this level of investment. Portions of the tax revenue are designated for public school districts; the four host cities; all 88 state counties; the Ohio State Racing Commission; law enforcement training; and research and treatment of problem gambling and substance abuse.[4] The bipartisan Ohio Casino Control Commission was created in 2011 to develop rules for casino gaming in Ohio, to license operators and to regulate and ensure the integrity of operations. It is also funded by casino tax revenue.[5]
The casino was built on the site of a former Delphi Automotive auto parts plant which closed in 2007.[6] That plant, in its heydey, employed between 3,900 and 5,000 people.[7]
See also[edit]
References[edit]
- ^Sheeran, Thomas. “Horseshoe Casino, Cleveland Casino, Opens To The Public”. AP.org. Associated Press, 14 May. 2012. Web. 12 Dec 2012.
- ^Ott, Thomas. 'All Bets Are on.' The Plain Dealer [Cleveland] 15 May 2012: A1+. Print.
- ^“More competition for Detroit: Second Ohio casino opens in Toledo.” Ap.org. Associated Press, 29 May. 2012. Web. 12 Dec 2012.
- ^Myers, Amanda. “Cincinnati casino on pace to open in spring”. AP.org. Associated Press, 6 Sep. 2012. Web. 12 Dec 2012.
- ^Bell, Jeff. “Casino commission's hiring spree to begin.” Bizjournals.com. Cincinnati Business Courier, 12 Dec. 2012. Web. 12 Dec 2012.
- ^Five Years After Hollywood Casino's Opening, Much Of West Side Yet To Cash In Retrieved September 1, 2019
- ^The Long, Slow Demise of the Delphi Plant Retrieved September 1, 2019