Ohio Calling For Voter’s To Move Penn Casino
Filed in Penn National Gaming (PENN) on Jan.28, 2010
The amendment for Penn National Gaming (PENN: 25.62 +2.85%) to move the location of the Hollywood Casino Columbus will be decided by Voters.
Tuesday the Ohio Senate approved the measure to go to the House.
The House was also quick to approve the resolution with a 71-26 vote to add the measure to the May ballot ahead of the February 3 deadline.
State Voter’s will now be asked to approve the alternate location for the Columbus Casino, despite the results of the November election.
In November voters approved the development in the Arena District of Columbus, where residents and lawmakers have urged Penn to move to the site of the former Delphi Corp. Plant.
If the issue fails, Penn National would build at the original site.
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