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Ohio casinos to hit Mich., Ind. gambling taxes
Posted: 11.05.2009 at 3:35 AM
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(AP) -- INDIANAPOLIS (AP) - Ohio voters have approved the opening of

casinos in Toledo and three other cities, leaving officials and

gambling interests in neighboring Indiana and Michigan worried that

millions of dollars in gambling revenues - and taxes - are at risk.

Indiana's casinos pay more than $900 million in state and local

taxes annually. A report released last month by the Indiana

Legislative Services Agency predicts the competition in Ohio will

lead to the state losing more than $100 million of that slice of

the gambling pie.

Any loss of casino tax revenue will also hurt Detroit and

Michigan, which already face towering budget deficits. The state

took a $121 million share of the Detroit casinos' $1.36 billion in

revenues last year.

---

Goodman is based in Detroit.

(Copyright ©2009 by The Associated Press. All Rights Reserved.)

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