Ohio casino tax revenue short of predictions - 13abc.com Toledo (OH) News, Weather and Sports

Ohio casino tax revenue short of predictions

Posted: Updated:

COLUMBUS, Ohio (AP) - Ohio's casino tax revenue over the past year fell short of what state officials had predicted.

The state's four casinos generated $273.4 million in tax revenue in the fiscal year that ended in June. That was more than $36 million less than the state had predicted.

The Dayton Daily News  reports that the state executive budget for the fiscal year estimated that casinos would bring in more than $309 million in tax revenue. The Department of Taxation said Thursday that the gambling revenue missed the target by nearly 12 percent.

The likely reason is competition: Five racinos have opened since casino gambling was introduced in Ohio in 2012, and two more are slated to open in the coming months.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • RegionalMore>>

  • New poll shows not much change in Ohio Governor race

    New poll shows not much change in Ohio Governor race

    Wednesday, July 30 2014 8:16 AM EDT2014-07-30 12:16:31 GMT
    COLUMBUS, Ohio (AP) - A new poll shows that Democratic challenger Ed FitzGerald has gained little ground against Ohio Gov. John Kasich (KAY'-sik).The poll released Wednesday by Quinnipiac (KWIHN'-uh-pee-ak) University in Connecticut shows Republican Kasich ahead of FitzGerald 48 percent to 36 percent.The same poll in May had Kasich leading by a 50-to-35 percent margin.The July 24-28 survey notes that many Ohioans still don't know much about FitzGerald, the Cuyahoga (ky-uh-HOH'-guh) County exe...
    COLUMBUS, Ohio (AP) - A new poll shows that Democratic challenger Ed FitzGerald has gained little ground against Ohio Gov. John Kasich (KAY'-sik).The poll released Wednesday by Quinnipiac (KWIHN'-uh-pee-ak) University in Connecticut shows Republican Kasich ahead of FitzGerald 48 percent to 36 percent.The same poll in May had Kasich leading by a 50-to-35 percent margin.The July 24-28 survey notes that many Ohioans still don't know much about FitzGerald, the Cuyahoga (ky-uh-HOH'-guh) County exe...
  • Detroit water department placed in mayor's hands

    Detroit water department placed in mayor's hands

    Tuesday, July 29 2014 10:35 AM EDT2014-07-29 14:35:41 GMT
    Detroit Mayor Mike Duggan is now running the Detroit Water and Sewerage Department following criticism about service shutoffs to city residents. State-appointed emergency manager Kevyn Orr says in order Tuesday that handing control of the massive system over to Duggan is "in the best interests of the city." The water department has been criticized in recent weeks for stepped up service shutoffs to delinquent city customers.
    Detroit Mayor Mike Duggan is now running the Detroit Water and Sewerage Department following criticism about service shutoffs to city residents. State-appointed emergency manager Kevyn Orr says in order Tuesday that handing control of the massive system over to Duggan is "in the best interests of the city." The water department has been criticized in recent weeks for stepped up service shutoffs to delinquent city customers.
  • Online retailer hiring hundreds in Ohio

    Online retailer hiring hundreds in Ohio

    Tuesday, July 29 2014 6:44 AM EDT2014-07-29 10:44:33 GMT
    COLUMBUS, Ohio (AP) - An online retailer is opening a call center in central Ohio and bringing about 900 new jobs. Seattle-based Zulily - offering daily deals for women, children and infants - will have a temporary office in suburban Columbus while it looks for a permanent facility. The hiring will be done over the next three years. The Columbus Dispatch reports that details about the call center were disclosed Monday when the Ohio Tax Credit Authority approved a 75 percent, 12-year income-t...
    COLUMBUS, Ohio (AP) - An online retailer is opening a call center in central Ohio and bringing about 900 new jobs. Seattle-based Zulily - offering daily deals for women, children and infants - will have a temporary office in suburban Columbus while it looks for a permanent facility. The hiring will be done over the next three years. The Columbus Dispatch reports that details about the call center were disclosed Monday when the Ohio Tax Credit Authority approved a 75 percent, 12-year income-t...
  • Top StoriesMore>>

  • A good day to fill the tank

    A good day to fill the tank

    For the first time in a while gas prices are below three dollars a gallon at several stations around town.

    For the first time in a while gas prices are below three dollars a gallon at several stations around town.

  • Perrysburg talks Louisiana renovation

    Perrysburg talks Louisiana renovation

    Tuesday, July 29 2014 10:15 PM EDT2014-07-30 02:15:43 GMT
    City leaders in Perrysburg are looking at a beautification and renovation project in the downtown area.The $2.3 million proposal includes installing brick at intersections between the railroad tracks and Front street. There are also plans for landscaping down Louisiana and a round-a-bout with the Commodore Perry statue as the centerpiece, complete with fountains."I hope Commodore Perry has a place of honor. If it makes it more beautiful and popular, I'm all for it," Mary Stockwell, a frequent...
    City leaders in Perrysburg are looking at a beautification and renovation project in the downtown area.The $2.3 million proposal includes installing brick at intersections between the railroad tracks and Front street. There are also plans for landscaping down Louisiana and a round-a-bout with the Commodore Perry statue as the centerpiece, complete with fountains."I hope Commodore Perry has a place of honor. If it makes it more beautiful and popular, I'm all for it," Mary Stockwell, a frequent...
  • New poll shows not much change in Ohio Governor race

    New poll shows not much change in Ohio Governor race

    Wednesday, July 30 2014 8:16 AM EDT2014-07-30 12:16:31 GMT
    COLUMBUS, Ohio (AP) - A new poll shows that Democratic challenger Ed FitzGerald has gained little ground against Ohio Gov. John Kasich (KAY'-sik).The poll released Wednesday by Quinnipiac (KWIHN'-uh-pee-ak) University in Connecticut shows Republican Kasich ahead of FitzGerald 48 percent to 36 percent.The same poll in May had Kasich leading by a 50-to-35 percent margin.The July 24-28 survey notes that many Ohioans still don't know much about FitzGerald, the Cuyahoga (ky-uh-HOH'-guh) County exe...
    COLUMBUS, Ohio (AP) - A new poll shows that Democratic challenger Ed FitzGerald has gained little ground against Ohio Gov. John Kasich (KAY'-sik).The poll released Wednesday by Quinnipiac (KWIHN'-uh-pee-ak) University in Connecticut shows Republican Kasich ahead of FitzGerald 48 percent to 36 percent.The same poll in May had Kasich leading by a 50-to-35 percent margin.The July 24-28 survey notes that many Ohioans still don't know much about FitzGerald, the Cuyahoga (ky-uh-HOH'-guh) County exe...

Area Events Calendar

See It, Shoot It, Send It!