Tuesday, February 14, 2012

UC study: Casinos could create 34,000 jobs - Business First of Columbus:

llrx-royce.blogspot.com
The center conducted the study for the Ohio Jobs Growth Committee, which organized the effort to place a constitutionakl amendment on the The amendment would ask voters to approvde building casinos in Cleveland, Toledo and Columbus. Wyomissing, Pa.-based (NASDAQ: PENN) and owner Dan Gilberr would be investors inthe $1 billiobn proposal. According to the study, the initiall investment and construction phase for the expected to beginin 2010, wouls create 19,000 jobs. Another 16,000 permanent jobs woulcd be created once the casinosbegaj operating, by late 2012.
The initial economif impact wouldbe $504 million for a Columbues casino; $388 million for Cincinnati; $656 milliojn for Cleveland; and $302 million for Toledo. The Ohio Jobs & Growthy Committee had until the end of June to collectthe 400,00o0 valid signatures needed to get the issue on the it said it filed 850,000 signature with the Ohio Secretary of State on June 25.

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