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ISSUE 6
Oct 25, 2008 9:19:03 GMT -5
Post by scojer on Oct 25, 2008 9:19:03 GMT -5
From what i can see,this may be the worst casino package brought up to the voters yet.I am shocked that the polls are showing possible passage.The dumb a-- leaders of our state should have seen the writing on the wall,it is/was only a matter of time b4 we lose the battle of the casino,so how should we controll it.Instead of letting local/state business investers get involved,they drug thier feet and let some out of staters get there hands in the pie.For this alone some of our state leaders should be IMPEACHED.Being in the construction trade,i reluctently voted yes on some of the other bills due to the nature of my job.(union trade)As a guy who loves a few trips a year to the casino each year(ok,maybe 6-8)I'm not sure having a casino in downtown cleveland or at northfield park was the best thing 4 me,but i voted 4 it because of the local economics involved.Now they have a bill to vote on that does nothing 4 me or the Business leaders in the state.I believe us voters need to vote this 1 down,and then get Mr. Voinivich and the rest of our state leaders to get together and put a package together that will actually benifit everyone involved.Cant stop the reality of the casino,Just get it right the 1st time.JMO
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ISSUE 6
Oct 25, 2008 9:31:22 GMT -5
Post by scojer on Oct 25, 2008 9:31:22 GMT -5
1 other thing,I live a few miles west of the cleveland airport,trip miles to the closest casinos.Mountaineer apx 120miles,detroit 175 miles,Presque isle 120 miles,Senaca Allegany 200 miles,Senaca Niagara 240 miles,proposed casino,200 miles,hmmmmmm.They will really need to impress me.
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ISSUE 6
Oct 28, 2008 10:41:11 GMT -5
Post by thegiss on Oct 28, 2008 10:41:11 GMT -5
Kieth. Read your article, and what comes next is a constitutional amendment to allow slots at the Ohio tracks, for the benefit of Ohioans. And yes Chris, Lyle Berman has had much success, which qualifies him as a crook. But now now Indiana has slots at there tracks, so does Minnesota, and everywhere else Lyle Berman has had his "crooked" success. Working outside the box...let him use his money and influence to open the door. Thats all I'm saying. I will be voting "yes" on Issue 6 and encouraging others to do so. Win or lose, Ohio Racing is coming is dwindling to the point of being on Life Support. Once Valley View Downs and Casino is built, right outside Youngstown over the border in PA, and the Meadows Casino moves into their permanent facility, that could very well be the icing on the cake. Ohio blew it 7 years ago in terms of voting FOR slots at tracks and unfortunately the economy since 9-11 deeply impacted the situation as well. Anyone know the progress of Valley View? This website has been sitting idle virtually since it was created. www.valleyviewdowns.com/Valley View is on hold to funding issues, among other things.
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ISSUE 6
Oct 28, 2008 11:20:20 GMT -5
Post by jay44224 on Oct 28, 2008 11:20:20 GMT -5
I have voted for every casino issue that has come up in this state. And when I heard that another was coming up I was pretty sure I would vote for it also.
Being a person that owns horses was not going to stop me from voting for it as I thought it was hypocritical and felt I would be no better than the bingo fanatics and church groups that have voted in the past against it to protect their own. My original thinking had me believing well if our state government does not want to keep the money in state then let someone else do it as the money is flying out at a rapid rate. It did not concern me that those behind it put in loopholes to protect their investment if it passed.
But after doing due diligence and researching this my opinion has drastically changed. It is bad for this state in so many ways. I do not see it having the potential of keeping the money home as in many areas of the state it will be closer to drive to other casinos. With wheeling, Mountaineer and Seneca in Salamanca all within driving distance from the Eastern part of the state as well as Detroit and Windser Casino's near Toledo. Even the ones near Cincy now will be more convenient than the proposed sight.
Yes this state should approve expanded gambling , but not this way.
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ISSUE 6
Oct 28, 2008 12:12:23 GMT -5
Post by trackrat on Oct 28, 2008 12:12:23 GMT -5
Chris, a "NEWS" link from that site you posted has the following story, which suggests that the financing fell through on Valley View Downs and they are exploring other financing arrangements.
"Centaur Credit Facilities Amended Indianapolis, Ind.—Centaur, LLC announced today that it has reached an agreement with its lending group to amend the terms of its $1 billion financing package. The amended credit facilities will provide for the continued operation of Centaur’s properties at Hoosier Park Racing & Casino in Indiana and Fortune Valley Hotel & Casino in Colorado. As part of the amended agreement, Centaur and its senior lenders have agreed to return the funds raised last fall to finance the development of Centaur’s Valley View Downs racino project in Lawrence County, Pennsylvania. Within the next two weeks, Centaur expects to engage an investment bank to assist in evaluating strategic alternatives for the Valley View Downs project.
The terms of the October 2007 credit agreements required Centaur to obtain a gaming license from the Pennsylvania Gaming Control Board (PGCB) by July 15, 2008. The PGCB has not yet approved Centaur’s gaming application to accompany the harness racing license granted to Valley View in September 2007.
“We have made a significant investment of time, talent and resources in this project, and we remain fully committed to doing everything in our power to ensure that the Valley View project is built at its current location. Centaur believes Valley View is still the premier racino development site, and we will continue to work diligently to bring this project to fruition. The residents of Western Pennsylvania have been extremely supportive of our efforts, and we are eager for them to benefit from the economic stimulus that this racino project will provide to the community,” said Centaur Chairman & CEO Rod J. Ratcliff. "
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