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Casino Tax Revenue Up Slightly In 3rd Quarter of Year
By: Associated Press
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COLUMBUS, Ohio (AP) – Tax revenue from Ohio’s four full-service casinos showed a slight increase in the quarter of the year.
The Ohio Department of Taxation report for the period ending Sept. 30 says the casinos produced $66.6 million, earmarked for cities, counties, schools and state agencies. That was up from $64.2 million in the second quarter.
The Columbus Dispatch reports that of the tax revenue money, Columbus will see $2.65 million, Cleveland will get $2.69 million, Cincinnati $2 million and Toledo $1.45 million.
Another $22.6 million went into a fund distributed to public and charter schools, with $1.9 million apiece going to the Ohio Casino Control Commission and the Ohio Racing Commission. A law enforcement fund and problem gambling fund each receives $1.3 million.