Ohio GOP lawmaker proposes limiting casino, racino gambling credits

COLUMBUS — A Republican lawmaker wants to limit promotional gaming credits used by casinos and racinos that reduce the taxes they pay to the state.

Sen. Bill Coley, R-West Chester, said today the gaming facility operators should be paying for such promotions out of their own pockets, given that actual results from those locations are well below the tax revenue projections offered to voters.

“We think that the effect of this bill will be to increase revenues to schools and local governments,” Coley said. “We think it’s high time that the people that made promises to the citizens of the state of Ohio live up to those promises and start delivering the revenues that were promised.”

One casino and racino operator, however, is calling the legislation “ill conceived and misguided.”

For the complete story, read Wednesday's Vindicator and Vindy.com