Casinos

Casinos

The opening of the Cleveland and Cincinnati casinos could be delayed up to four months, pushing back the completion date to early 2013. According to President Matt Cullen of developer Rock Gaming, this potential delay is all a result of Kasich’s indecision on casino fees and taxes. Kasich thinks the $50 million licensing fee and 33% tax on gross revenues is too low. In order to raise these amounts, either the operators would have to consent or yet another constitutional amendment would be needed.

Then there is the debate over the Commercial Activities Tax. Should the tax be applied before or after winnings are paid out? The Ohio Legislative Service Commission says before. The casino operators disagree.

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