The state keeps 50% of all net revenue, each track will pay $65,000,000 for a license, and each of the 7 racetracks can have up to 2500 VLTs.

Here is the text:

STRICKLANDVLT

This is expected to raise (supposedly) $933 million over the biennium, but I still think a deficit will linger and Strickland better pray the gambling ballot issues passes. In the mean time, Senate Republicans bought Gov. Strickland more than 6 months of breathing room and he gets to campaign as a fiscal conservative who didn’t raise taxes. Great job, idiots.

In the mean time, Mr. Zanotti- Let the lawsuits fly!

Related posts:

1. Ted Strickland and Storks
2. Suggestion for Strickland- Slots for Seniors
3. Ted Strickland’s Education Funding & Tax Hikes
4. Ohio Democrat Corruption
5. Steven Malanga vs. Ted Strickland’s Gambling Scheme