Ohio casinos to hit Mich., Ind. gambling taxes

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.

[kevin b]

great, all the states are going to sue each other over "lost" monies and the only ones who will make out is the lawyers!

[kevin b]

you should see the slot machines they put in gay bars... i wouldnt quite call them "one armed bandits" but it's close.:)

[See the Flow of Money]

Now its obvious how much Indiana, Michigan and others were siphoning from Ohio residents that would have gambled and went to another state that allows it.

Now, the residents will stay in Ohio and some of the tax on the GROSS RECEIPTS not net profit or loss will flow to the local communities.

If you don't gamble, then you will have the same amount of money in your wallet. It that simple.