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Originally Posted by Derwood
Also, the amendment would outlaw any table games in Ohio that are NOT at casinos. that means I can't hold a Texas Hold Em' tournament for charity.
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And those "skill game" places get closed down for good. I'm sure there will be charity Texas Hold 'Em games, if not and you want to worry about charity... go play in one of the casinos and donate your winnings to charity.
That is pure desperation trying to find reasons against it.
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It doesn't matter, Gilbert (and the other group, whose name escapes me) are the ones buying the initial casino licenses (for a song....$50 Million. they could turn around and sell them to someone else for 10x that).
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Penn Gaming... is the other group.
They MAY BE the ones buying the initial licenses... again the Commission will decide who buys them.
Besides by the amendment itself $50 mill is ONLY for the license once granted the license they have to
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make a minimum initial investment of $250,000,000 in its facility.
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So, that's a $300 mil investment they HAVE to make or lose the license and someone else will get it.
I seriously doubt Penn or Gilbert will buy a license for $50 Mil, make a $250 mil investment and then turn around and sell that casino... and so what if they do? The state made money and will be making money instead of LOSING money to surrounding states.
It amazes me when people get desperate to the point of trying to scare people that some rich guy may get richer by selling his casino license... big fucking deal.... MONEY WILL STAY IN OHIO NOT LEAVE IT AND THAT'S THE BOTTOM LINE.