Cincinnati Casino Needs 600,000 Signatures To Get On Ballot
The secret to gambling is know when to hold 'em and know when to fold 'em. And for the plan to bring a casino here to Cincinnati, it's a fold.
That's the word from the organizers behind Queen City Gaming Entertainment's initiative that hoped to bring slot machines to downtown Cincinnati. With less than 50 days before a filing deadline and the need for about 600,000 signatures to get the issue on the ballot, the plan has been called off.
"We realized that time is too short and no amount of money can buy time," said spokesman Brendon Cull, in a release.
Cull blamed the decision on legal challenges filed by a group called the Learn and Earn Committee, supported, in part, by Penn National Gaming, Inc., owner of Toledo's Raceway Park and the Argosy riverboat casino in Lawrenceburg. That plan would exclude Cincinnati for gambling, but include Cleveland.
"We worked together, but we fell just short of our goal," said banker Louis Beck, who planned to fund the initiative out of his own pocket. "I plan to continue working with the leadership of this community to be a part of the rebirth of Cincinnati."
June 22, 2006
Posted By Bob Hartman
Staff Editor, CasinoGamblingWeb.com
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