casino revenue

Horseshoe Cincinnati
3:37 pm
Mon July 8, 2013

Cincinnati Casino revenues drop

Credit Tana Weingartner / WVXU

The latest casino revenue numbers are out and they don't paint a good picture for Cincinnati's Horseshoe Casino.

Cincinnati's revenues dropped from about $19.6 million in May to $17.6 million in June, according to the Ohio Casino Control Commission.

All four of the state's casinos are reporting lower numbers for June. However, the roughly 10 percent drop for Horseshoe Cincinnati is the largest.

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Neighborhood development
3:27 pm
Tue September 18, 2012

Casino revenue could aid Cincinnati neighborhoods

Cincinnati's Economic Development Director is asking Council to use some the expected casino tax revenues to fund business growth in city neighborhoods. 

Odis Jones made a presentation Tuesday to a joint meeting of the Budget and Finance and Strategic Growth Committees. 

Jones is seeking $4 million for what's called a “Focus 52” Bond Pool.

“To provide capital via loans or via direct investment into projects within the neighborhoods that continue to spur investment and job creation,” Jones said.

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