The Economic and Fiscal Impact of the Ohio Jobs and Growth Plan: Analysis of the Four Proposed Ohio Casinos
The Ohio Jobs and Growth Committee, a sponsor of the casino ballot proposal, commissioned a study by the Economics Center to analyze the economic impacts of four new casinos in the State. While Ohio, and the nation, were suffering from rising unemployment in the midst of a deep recession, the positive economic benefits highlighted in the report provided casino supporters with compelling data. Ultimately, Ohio voters approved the ballot and construction began on the gaming facilities in the cities of Columbus, Toledo, Cleveland and Cincinnati.
The report determined that The Ohio Jobs and Growth Plan is estimated to generate nearly $11 billion in total economic
impacts and more than $4 billion in fiscal revenues for the state of Ohio during construction and the first five years of operation.
The economic impact on the state includes nearly $2.66 billion during construction and almost $1.5 billion during the first year of operations, with increases in each of the succeeding years. The four proposed casinos are also estimated to generate $256 million in fiscal revenue for the state during the construction phase and $663 million in the first year of operations, with increases in the subsequent years. In addition, the total near-term impact of the casino proposal is more than 23,000 construction-related jobs1 statewide, as well as more than 15,000 permanent jobs2 from ongoing operations.
Please click on the link below to read the full executive summary, or to request the full report, complete this simple request form (report will be available for download immediately).
1 These jobs will have an average duration of 12 months.
2 The employment estimates are comprised of both full- and part-time positions, but it is not possible to separate the two categories of employment because government data does not distinguish between full-time and part-time.