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Issue 3 - Casino News & Updates

Home Forums General Columbus Discussion Politics Issue 3 – Casino News & Updates

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  • #78405
    Walker Evans
    Walker Evans
    Keymaster

    Editorial: No on State Issue 3

    Casino proposal would give owners lucrative monopoly; Ohioans would get leftovers

    Sunday, October 11, 2009 3:37 AM

    Whether one favors or opposes legalizing casino gambling in Ohio, State Issue 3 is a horrible deal.

    Whatever their attitudes toward gambling, voters should not permit self-interested companies and individuals to write their own amendments into the Ohio Constitution to create a state-sanctioned monopoly.

    READ MORE: http://www.dispatch.com/live/content/editorials/stories/2009/10/11/NOCAS.ART_ART_10-11-09_G4_O5FAO6D.html?type=rss&cat=&sid=101&title=Editorial%3A+No+on+State+Issue+3

    #308419

    JonMyers
    Participant

    They nailed most of the problems with issue 3.

    #308420
    Mae Greentree
    Mae Greentree
    Participant

    Well said. Whether you are for or against allowing casinos in Ohio, this isn’t the way to do it.

    #308421

    not sure I get this “an exceptionally low tax rate of 33 percent.” though.

    #308422
    Walker Evans
    Walker Evans
    Keymaster

    Core_Models wrote >>
    not sure I get this “an exceptionally low tax rate of 33 percent.” though.

    Ohio Casino Proposal Has Low Tax Rate Compared To Other States

    The Ohio Jobs and Growth Plan is being proposed in light of the recession in the US. The plan would create jobs at a time when many people in Ohio are losing their employment. The tax rate for revenue from gambling, however, will only be thirty three percent.

    The state of Maryland taxes casino revenue at the rate of a whopping sixty seven percent. Similarly, Pennsylvania has recently expanded their casino options and they are taxing revenue at fifty five percent.

    READ MORE: http://www.casinogamblingweb.com/gambling-news/gambling-law/ohio_casino_proposal_has_low_tax_rate_compared_to_other_states_50540.html

    #308423
    Walker Evans
    Walker Evans
    Keymaster

    Joe Hallett commentary: Downtown could end up big loser if casino issue passes
    Sunday, October 11, 2009 3:38 AM
    BY JOE HALLETT

    At a news conference in Columbus last week, Kindt said that the average casino slot machine collects about $100,000 per year. The Columbus casino would have up to 5,000 slot machines.

    “That’s $100,000 that’s not being spent on cars, refrigerators, computers and the necessities of life: food, clothing, banking, savings,” Kindt said. It also won’t be spent at Huntington Park, Nationwide Arena and the Short North’s restaurants and shops.

    READ MORE

    #308424

    Yeah, they seemed to have picked two REALLY high rates though, on comparison to what else is out there.

    http://www.ibj.com/indiana-has-highest-casino-taxes-in-midwest-report-says/PARAMS/article/7279

    #308425

    vuch
    Member

    I often disagree with the Dispatch on a LOT of political issues. But this time they got it correct. I’d be remiss not to compliment them on that. This whole thing is a bad idea – why did it take so long for the facts to come out?

    #308426

    Alex Silbajoris
    Participant

    Put slot machines in light rail commuter trains, problems solved.

    #308427

    Tigertree
    Member

    alexs wrote >>
    Put slot machines in light rail commuter trains, problems solved.

    Maybe if the currently proposed light rail commuter trains were more than one story I would be in agreement.

    #308428

    StowCbusCleveland
    Participant

    Casinos could be a good or bad idea depending on how you look at it, but this is a dumb way to do it. I think the analysis is exactly right. Constitutionally-protected private monopolies are a bad idea generally, particularly when the monopolist gets to write the rules.

    #308429
    Walker Evans
    Walker Evans
    Keymaster

    vuch wrote >>
    Why did it take so long for the facts to come out?

    Because telling anyone anything more than a month before voting day is a waste of time. ;)

    #308430

    BCNation
    Participant

    Well, if I ever do gamble, my hard-earned Ohio money will help people in Indiana, West Virginia, Pennsylvania, Michigan, New Jersey, Canada, and hell, even Vega$$.

    I don’t think Issue 3 will pass anyway, and the Dispatch is making this clear in black and blue.

    #308431

    byJody
    Participant

    I already voted, but this confirms my choice.

    Vote Early Here[/url]:
    The Franklin County Board of Elections, 280 E. Broad St. in the Discovery District, will be open from 8 a.m. to 5p.m. weekdays through Nov. 2. The office will be closed for voting on Oct.12 in observance of Columbus Day but open from 8 a.m. to noon on Saturday, Oct.31.

    #308432

    StowCbusCleveland
    Participant

    Yeah for early voting! I did it too and while I don’t think lines are an issue in an off-year election, it’s nice to vote on your own schedule at your convenience.

    http://www.vote.franklincountyohio.gov/voter/

    This page lets you look up your voting location, and more importantly for an early voter, it lets you confirm your registration and then get a sample ballot so you know in advance everything you’ll be voting on. Walking in with a pre-filled sample ballot is very satisfying.

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