November 4, 2009
W.Va. officials: Too soon to tell impact of Ohio casino vote
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CHARLESTON, W.Va. -- West Virginia officials know Ohio casinos won't be good for the Mountain State's budget, but they say it's too soon to put a dollar amount on the damage.

Ohio voters on Tuesday approved a constitutional amendment to allow casinos to be built in Cincinnati, Cleveland, Columbus and Toledo.  The move is expected to hit West Virginia's Northern Panhandle casinos -- Mountaineer Casino, Racetrack & Resort in Chester and Wheeling Island -- especially hard.

"We will see and feel an impact on our state revenues," West Virginia Lottery Director John Musgrave said. "This certainly isn't going to be immediate."

Ohioans make up about 45 percent of Mountaineer's and Wheeling Island's patrons combined, lottery officials said.

Representatives from those facilities did not return calls seeking comment Wednesday.

Dan Adkins, vice president of Tyner & Hartman Inc., which owns Tri-State Casino & Resort, said he isn't worried the Ohio decision will hurt the Nitro track. 

"I'm not concerned at all about competition with Ohio," he said. "Where those casinos are located, I don't think it will have an impact."

Three of West Virginia's four racetracks offer table games. In December, Jefferson County voters are set to decide on table games for Charles Town Races and Slots.

Revenue from table games and slots at the four racetracks made up about 59 percent of the Lottery's $1.49 billion in gross sales for the fiscal year that ended last June 30, West Virginia Lottery spokeswoman Nancy Bulla said.

She emphasized that it is too soon to say how much business West Virginia could lose to Ohio.

"We understand it will have an impact in West Virginia, but to what degree, we don't know," she said. "Until Ohio has full implementation, we won't have data from which we can derive projections, realistic projections."

The developers who plan to build the Ohio casinos -- Cleveland Cavaliers owner Dan Gilbert's Rock Ventures partnership and Penn National Gaming Inc. -- hope the facilities will open sometime in 2012, said Bob Tenenbaum, spokesman for the pro-casino campaign Yes on Issue 3.

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Posted By: pacaderm (9:51am 11-06-2009)
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My my my! Loss of revenue and loss of mining jobs.
Don't worry Libtards.......all those new "energy tech" jobs are right around the corner for WV.
Windmills, solar, methane from cattle, etc etc

Posted By: Engineer1967 (9:50am 11-05-2009)
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adkins will still blame the revenue loss on the no smoking policy. its like when somebody hits your car, and you already had a tail light out..."hey, you broke my tail light!"

Posted By: gmhoover (10:35pm 11-04-2009)
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Well...ain't this sweet. All the gaming revenue from Ohio may well dry up, and while Tri-State may not be worried about it, my guess is that they will see some of their revenues dry up as well. They should expect less traffic at their new resort hotel too.

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