Goverments Waiting To Calculate Casino Tax Revenue
Northeast Ohio governments are being forced to take a wait-and-see approach when calculating their share of casino tax revenue.
Tax estimates from the casinos in Columbus, Cleveland, Cincinnati, and Toledo are falling amid declining revenue. State casino regulators and gambling consultants are urging governments to wait until all the casinos have been open for a year before figuring their shares. The casino in Cincinnati is scheduled to open next spring.