Friday, May 24 2013 7:03 AM EDT2013-05-24 11:03:25 GMT
As survivors of Monday's tornado that killed 24 people in Moore, Oklahoma, prepare to spend part of Memorial Day Weekend honoring the dead, the survivors must worry about health dangers stemming from allFull Story >
As survivors of Monday's tornado that killed 24 people in Moore, Oklahoma, prepare to spend part of Memorial Day Weekend honoring the dead, the survivors must worry about health dangers stemming from all the infrastructure that's been destroyed.Full Story >
Friday, May 24 2013 6:43 AM EDT2013-05-24 10:43:05 GMT
Here's a look at what events lead to the Cincinnati-based IRS scandal. Learn more about the players and timelines inside. Full Story >
Here's a look at what events lead to the Cincinnati-based IRS scandal. Learn more about the players and timelines inside.Full Story >
CINCINNATI, OH (FOX19) -
In two weeks with the Grand Opening of Horseshoe Casino Cincinnati, all four Ohio casinos will be up and running.
Each day, taxes are collected for the state casino tax revenue fund. From there, it's distributed to the state, counties and host cities broken down into seven funds:
51% to all Ohio counties based on population 34% to all school districts based on student population, with first distribution in January 5% to the host city 3% to the Casino Control Commission 3% to the Ohio State Racing Commission 2% to the Law Enforcement Training Fund 2% to the Problem Casino Gambling and Additions Fund
Cincinnati's new downtown casino will bring money, people, and a new entertainment atmosphere to the city.
From October to December, with three casinos in operation, the gross casino revenue fund totaled more than $52 million.
"We're taxed at 33% of our revenues by the state, and it's a direct contribution back to the state government, of course the school system, a lot of beneficiary," explained Ameet Patel, VP and GM of Hollywood Casino Columbus.
Almost $27 million was distributed to counties, and more than $17 million was distributed to schools. Despite this fact, gross revenue is drastically less than projected when voters approved the casinos in 2009.
Those millions of dollars were generated by millions of new visitors.
"Prior to the casino opening in 2011, we had just over 5 million visitors a year. And with the casino, and the opening of our new convention center, we're going to expect somewhere in the order of 11.5 to 12 million visitors downtown," said David Gilbert, President and CEO of Positively Cleveland.
As a result of more visitors in the downtown area, a common concern is an increase in crime. Similar to Cincinnati, Cleveland's casino is located downtown.
"To be perfectly frank, downtown Cleveland is amazingly safe and the casino numbers have not changed that one iota. In fact, a lot of people thought there would be a negative element concerning the casino. That has not been the case," revealed Joe Marinucci, President of Downtown Cleveland Alliance.
Gilbert says the downtown location of Cleveland's casino brings much more activity to the area, as well as 24/7 security presence, making the area safer as a whole.
Both Columbus and Cleveland have seen a positive economic impact in surrounding areas. Since opening, the City of Cleveland has received nearly $3 million. In Columbus, the west side of town has seen redevelopment.
"It just makes us a more well rounded destination," said Scott Peacock, of Experience Columbus. "It gives us more appeal to markets that we maybe didn't reach before."
In Cleveland, about a dozen eateries have been added since the casino opened and at least a dozen more are on track for 2013.
"When you add the fact that there's 1600 employees migrating to the site every day, that's also significant economic impact as well," Marinucci added.
Casinos in Cleveland and Cincinnati are both operated under Horseshoe. The company partners with local hotels and restaurants as part of its rewards program.
"We don't contend to be the savior of all things downtown," said Horseshoe Cleveland General Manager Marcus Glover. "We do consider ourselves to be an active participant in all of the vibrancy that's going on."
"There's no doubt that you see more vibrancy, more people on the street at all hours," Gilbert agreed.
Marinucci went on to say that the full economic impact of all four casinos likely won't be known until 2014, after a full year of operation here in Cincinnati.
To stay informed about casino tax distributions in Ohio, click here.
Thursday, May 23 2013 10:17 PM EDT2013-05-24 02:17:47 GMT
Heads are starting to roll at the IRS. A day after pleading the 5th and refusing to testify before Congress, Lois Lerner, the IRS Director of Tax Exempt Organizations was placed on administrative leaveFull Story >
A day after pleading the 5th and refusing to testify before Congress, Lois Lerner, the IRS Director of Tax Exempt Organizations was placed on administrative leave Thursday. We have learned more about Lois Lerner's connections to Cindy Thomas, the highest ranking Cincinnati employee in this IRS division.Full Story >
Tuesday, May 21 2013 10:31 PM EDT2013-05-22 02:31:55 GMT
The claim that the ongoing IRS scandal is limited to low level employees is falling apart. The six Cincinnati workers we have identified, who sent scrutinizing letters to conservative groups with wordsFull Story >
The claim that the ongoing IRS scandal is limited to low level employees is falling apart. Full Story >
Monday, May 20 2013 9:15 PM EDT2013-05-21 01:15:38 GMT
A massive tornado touched down to the southwest of Oklahoma City Monday afternoon. Starting out as a classic funnel it quickly became a giant half-mile wide wedge tornado as it proceeded east north eastFull Story >
A massive tornado touched down to the southwest of Oklahoma City Monday afternoon.Full Story >
Thursday, May 23 2013 10:32 PM EDT2013-05-24 02:32:20 GMT
A suspect was arrested Thursday in the fatal shooting of a man in East Price Hill. On May 14, officers responded to the 500 block of Elberon Avenue around 11:15 p.m. Upon arrival, police located ScottFull Story >
A suspect was arrested Thursday in the fatal shooting of a man in East Price Hill.Full Story >
Thursday, May 23 2013 12:47 PM EDT2013-05-23 16:47:43 GMT
The Kentucky Supreme Court has suspended northern Kentucky attorney Eric C. Deters for 60 days because of misconduct in two civil cases. The suspension marks the second time the high court has suspendedFull Story >
The Kentucky Supreme Court has suspended northern Kentucky attorney Eric C. Deters for 60 days because of misconduct in two civil cases.Full Story >
Tuesday, May 21 2013 7:20 PM EDT2013-05-21 23:20:28 GMT
The Cincinnati Tea Party announced that it will protest the IRS on Tuesday over the targeting of liberty groups regarding their tax status. The protest will begin at Fountain Square at noon on TuesdayFull Story >
The Cincinnati Tea Party protested the IRS on Tuesday over the targeting of liberty groups regarding their tax status. Full Story >
Friday, May 24 2013 4:38 AM EDT2013-05-24 08:38:10 GMT
(RNN) - A bridge in Washington has collapsed and at least two cars are in the water, according to KING 5 TV out of Seattle. The bridge is part of Interstate 5. There is no word on injuries. Copyright 2013Full Story >
A photo from the scene showed a man sitting on top of his car, which was partially submerged.Full Story >
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