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Third Cleveland Casino Plan Submitted

As reported by the Plain Dealer: “Business leaders put the money squeeze on
racetrack owners and Cleveland’s would-be casino developers on Tuesday,
submitting a third casino plan to the state. “The Greater Cleveland
Partnership submitted ballot language that mimics a plan from the Learn and
Earn Committee, which is proposing 10 slots parlors statewide. “There’s one
big difference – Cleveland leaders want a $30 million fee at each site, for
local economic development. Other plans don’t call for such fees.

“Business leaders, Cuyahoga County commissioners and Mayor Frank Jackson
have been negotiating for months with the Learn and Earn campaign, which
includes businessman Jeff Jacobs and Forest City Enterprises Inc.

“Commissioners appear to favor the demand for a licensing fee. Jackson had
no statement to make on the debate, a spokesman said.”