Plain Language Summary of Ballot Language for Issue 6
The proposed amendment would authorize:
- One privately owned casino with a minimum initial investment of $600 million
- Casino would be located near Wilmington at the junction of I-71 and S.R. 73
Tax rates and distribution:
- Tax rate of up to 30% of gross receipts for the casino
- If another casino is permitted in Ohio, then the tax rate will fall to either 25% or the rate applicable to the new casino (whichever is lower)
Distribution of tax proceeds:
- First: The expenses of regulating and collecting taxes from the casino. Funding gambling addiction prevention and treatment programs
- Second: 10% to Clinton County. 90% to all other Ohio counties, based on population
The casino will be subject to other applicable taxes (i.e., sales tax, liquor tax)
The developer would pay a $15 million license fee and receive a $15 million tax credit in return
The casino is authorized to conduct the following games:
- Any game permitted in Nevada or in any state adjacent to Ohio
- Including: card or table games, slot machines, electronic gaming devices
- Excluding: bets on races or sporting events
- No limit on amounts of bets
- No limit on days or hours of operation
- Patrons must be at least 21 years old to place a bet