Casino initiative for Ohio moving forward
October 1, 2008
Lakes Entertainment, the development and management company supporting the building
of a casino in Ohio, announced that Ohio
Secretary of State certified that Issue Six, a referendum to permit one casino
in Ohio, will
be on the Nov. 4, 2008 statewide ballot.
“We are excited to present this referendum to the people of Ohio," said Lakes' President and Chief Financial Officer Tim Cope. “The approval of Issue Six will bring in millions of dollars in tax revenue and thousands of new jobs to Ohio, while keeping money from travelling outside the State.”
Issue Six will give Ohio voters an opportunity to legalize the first resort/casino in the state. According to Lakes Entertainment, under the current development plan, construction of the planned casino resort could begin in 12 to 18 months after the referendum is approved, and the casino resort would open approximately 18 months after construction breaks ground.
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