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Lower than Estimated Casino Revenue Changes Budget Plans

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February 05, 2013

In 2009 it was estimated that Ohio's four casinos could earn the state around $1.9 billion a year. However, Governor John Kasich's recently released proposed budget has the gaming revenue of less that expected.

The budget was released on Tuesday. $957.7 million is the expected gaming revenue expected by casinos. It is possible that by next fiscal year the amount could be over $1 billion.

The lower amount of earned revenue will result in less money for the state.

The estimated amount of gaming revenues is based on racino competition. Revenues from the currently operating casinos have also been lower than expected.

Return to Ohio Casinos.

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