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Ohio slot proposals yield differing forecasts

COLUMBUS, Ohio – As reported by the Toledo Blade: "Slot machines would pump "almost $1 billion" year into college scholarships for Ohio students. Or less than a third of that, depending on whom you talk to.

"Issue 3 would harness Ohio gambling dollars now traveling over state borders to level the playing field for Ohio's struggling horse-racing industry.

"Or it would write multibillion-dollar casino monopolies into the Ohio Constitution for a lucky few while unleashing 109,000 new problem gamblers and the social ills that come with them.

"Seven racetrack owners and two private Cleveland developers have been spending millions for months to sell their message of a construction boom, new jobs, and reduced tuition pressures on parents. The benefits would just happen to be tied to 31,500 slot machines statewide.

"…At the same time, the opposition, including a broad swath of clergy and statewide officials, are punching holes in supporters' numbers, arguing that the machines will generate less revenue and create a lot more headaches than projected…"

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