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During its May 29 Executive Board meeting the
Ohio AFL- CIO endorsed a statwide Casino initiative which is
scheduled to appear on the Ohio ballot this November.
This
ballot proposal will bring four first-class casinos: one in
Cleveland, Columbus, Cincinnati, and Toledo.
Additional benefits of the Ohio Jobs
and Growth Plan include:
- An estimated 34,000 new jobs
- $200 million in up-front licensing
fees to state government
- Nearly $2 billion in estimated
gross annual gaming revenues
- $1 billion in required economic
investment by the developers to be focused on the building sites
in Cleveland, Columbus, Cincinnati, and Toledo.
- 33% guaranteed tax on all gross
annual revenues, resulting in an estimated $651 million of tax
revenue distributed annually across Ohio.
The Ohio Jobs and Growth Committee collected the
required amount of signatures to place the issue on the ballot and
has begun the campaign to communicate the
benefits of
establishing these first class Casinos in Ohio. For details about
the the Ohio Jobs and Growth Committee and the initiative go to http://yesonissue3.com/
Ohio voters will have the opportunity to approve a statewide ballot initiative on November 3 that, if passed, will create 34,000 new jobs and mandates $1 billion in private investment, $200 million in licensing fees, and an estimated $651 million annually in tax revenue for all Ohio counties, cities and school districts. The amendment - which calls for one full-service, first-class casino within each of the cities of Cleveland, Cincinnati, Columbus and Toledo - has been certified by the Secretary of State to appear on the November ballot.
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