New law in Ohio has Michigan casino owners paying close attention
Wednesday, November 04, 2009 at 2:55 p.m.
Read more: State, Politics, Tourism
DETROIT (AP) -- Ohio voters have given their blessing to the opening of casinos in Toledo and three other cities, and that has Michigan officials and gambling interests paying close attention.
They're asking if Detroit's lucrative $1.3 billion annual casino cash cow is at risk.
Detroit's casinos draw on thousands of Ohio visitors, and parts of Michigan are closer to Toledo than Detroit.
Detroit and Michigan draw get hundreds of millions of dollars from casino taxes, and any loss of customers could hurt their already depressed revenues.
The Detroit Metro Convention & Visitors Bureau says the area's hotels, sports and entertainment attractions will continue making Detroit a big gambling draw.
(Copyright ©2009 by The Associated Press. All Rights Reserved.)
