The Ohio Lottery Commission has amended certain rules that were adopted last year relating to video lottery terminals (VLTs) at horse racing tracks.
Changes made:
Elimination of the requirement that only individuals 21 and older would be permitted in the ‘area of the slots.’ Other rules still in effect require you to ... Read More
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Aug2011
As expected, Penn National Gaming applied for annexation of its Columbus casino to the city. In its last meeting before a 30 day summer recess, City Council certified that the city is capable of providing water and sewer service to the casino site.
The Franklin County commissioners will next vote on ... Read More
August 4, 2011ogadmin
21
Jul2011
Just yesterday the settlement agreement entered into by Penn National and the city of Columbus back in May appeared to be off. Federal Judge Gregory Frost had imposed a July 19 deadline to agree to the terms of the settlement. There were two roadblocks. The original casino site in the ... Read More
July 21, 2011ogadmin
11
Jul2011
Governor Kasich signed into law HB 277 which implements portions of an agreement reached with casino owners. This law will make it easier for horse racing tracks to relocate.
Among the provisions of this new law:
Establishes the process for racetrack owners to request relocation from the Ohio State Racing Commission. Under ... Read More
July 11, 2011ogadmin
27
Jun2011
The Ohio House has approved a fast-tracked bill that will permit relocation of horse racetracks that have video lottery terminals. A vote is expected in the Senate next week.
The Ohio State Racing Commission still has the final say, but this legislation streamlines the process.
Several congressmen had indicated that relocation requires ... Read More
June 27, 2011ogadmin
21
Jun2011
Governor Kasich and Penn National agreed to a deal similar to that with Rock Ohio. Penn National will also pay the state an additional $110 million. In return, the state will assess the commercial activity tax on total wagers minus payouts. This agreement also opens the door for Penn National ... Read More
June 21, 2011ogadmin
16
Jun2011
Terms of the deal struck earlier this week between Governor Kasich and Rock Ohio Caesars were disclosed today.
Rock Ohio, developers of the casinos in Cleveland and Cincinnati, have agreed to pay the state an additional $110 million over the next 10 years- $10 million for each of the first 5 ... Read More
June 16, 2011ogadmin
14
Jun2011
Medina has extended a temporary moratorium on internet sweepstakes cafes an additional six months. Set to expire in May, this means new establishments will now be prohibited until November. The basis for the extension was to wait until Ohio Attorney General Mike DeWine submits his proposal for statewide regulation of ... Read More
June 14, 2011ogadmin
14
Jun2011
The Columbus City Council and the Franklin County Commissioners unanimously approved a settlement agreement with Penn National Gaming. The deal was struck two weeks ago as both parties were preparing to go to trial over water and sewer rights. The city agreed to set aside $15 million to help Penn ... Read More
June 14, 2011ogadmin
26
May2011
The trial of Penn National’s claim against Columbus and Franklin County over water and sewer rights was to have begun last Monday. Both parties requested a delay. On Tuesday, an out-of-court settlement was reached.
On the surface, things appear to be looking up for the Columbus casino. A closer inspection of ... Read More
May 26, 2011ogadmin