Casino developers blame Kasich indecision for delays - Dayton Daily News

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Updated 12:31 AM Monday, April 11, 2011

Gov. John Kasich’s indecision about whether to seek additional fees and taxes from the state’s casino developers could delay construction in Cleveland and Cincinnati for months and put off the economic boost that the cities are desperately counting on.

More immediately, casino-related construction jobs and the tax revenues they are generating could be reduced or idled.

Uncertainty about the fee and tax issues — which ultimately determine the cost of the casino and the revenue it can generate — has kept developers from getting financing for the projects, said Matt Cullen, president and chief operating officer of Dan Gilbert’s casino company, Rock Gaming.

Read more about this in today's Dayton Daily News.



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