Ohio Casinos Now Have Regulations In Place

In Ohio, it is a fun time for residents who have long wanted casino gambling in the state. In November, casinos four Cincinnati, Columbus, Cleveland, and Toledo were approved by voters. On Friday, lawmakers put their stamp on the regulation of these casinos.

After weeks of debate, the Senate and the House finally agreed on how to move forward with casino regulations. One of the key sticking points was a requirement that the casinos submit diversity plans on an annual basis. Lawmakers chose to strike that plan from the final legislation.

Instead, the legislators worked together to forge rules for such things as charity bingo sessions and how to split up $200 million in licensing fees that the casinos are paying. The House wanted to make the decision now on how the money was spent, with the Senate pushing for a delay in that decision.

One of the biggest issues that needed to be determined was how the four casinos would be regulated. In the end, lawmakers concluded that the Ohio Gaming Commission will be created and will oversee the regulation of casinos. One option had the attorney general being the regulating authority, but the Commission won out in the end.

Ohio has long been a state that opposed casino gambling. Several groups have tried to get casino expansion passed in the past, but they had all been denied by voters, up until last November. The economy and unemployment rate helped change the minds of thousands of Ohio residents.

One of the key issues that face Ohio in the upcoming months will be whether or not LeBron James resigns with the Cleveland Cavaliers. Cleveland's owner, Daniel Gilbert, owns the rights to two of the casino development projects in Ohio.

June 5, 2010
Posted By April Gardner
Staff Editor, CasinoGamblingWeb.com
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