Ohio Jobs & Growth Plan Endorsed By Ohio AFL-CIO; Campaign Chair Says Labor Support...

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Wed Jun 10, 2009 9:46am EDT

Ohio Jobs & Growth Plan Endorsed By Ohio AFL-CIO; Campaign Chair Says Labor
Support Demonstrates Economic Value to Ohioans

 

COLUMBUS, Ohio, June 10 /PRNewswire/ -- The chairman of the Ohio Jobs & Growth
Plan said today the Ohio AFL-CIO's endorsement of the plan to authorize four
casinos in Ohio "is strong confirmation of our belief that this proposed
constitutional amendment can help Ohio's working men and women navigate these
treacherous economic times."

"We appreciate the AFL-CIO's recognition that our proposal will generate a
minimum of $1 billion in private investment in the state, and create 20,000
new jobs for Ohioans that cannot be outsourced," said Charlie Luken, former
Congressman and former Mayor of Cincinnati, who heads the committee's efforts.

The Ohio AFL-CIO, which represents 700,000 workers in 40 national unions,
announced Tuesday that it has endorsed the proposal. (The Ohio AFL-CIO news
release is reproduced below.)

The Ohio Jobs and Growth Plan is a proposed amendment to the Ohio Constitution
that authorizes first-class casinos in the state's four largest cities
(Cleveland, Cincinnati, Columbus and Toledo). The plan calls for a minimum of
$1 billion in new private investment. It would create 20,000 new jobs for
Ohioans, and would provide an estimated $651 million in tax revenues each year
for all of the state's counties, its major cities and every public school
district in the state, with projected annual tax revenues rising to $772
million by 2017.

Primary backers of the proposal are:
    --  Penn National Gaming, Inc., a prominent operator of gaming facilities
        and horse racing tracks, including Raceway Park in Toledo; and


    --  Dan Gilbert, through his Rock Ventures partnership. Gilbert is
majority
        owner of the NBA Cleveland Cavaliers and operator of Quicken Loans
Arena
        in downtown Cleveland, as well as Chairman and Founder of Quicken
Loans,
        which operates a 350-person Internet web center in downtown Cleveland.
        Gilbert, who began investing in Ohio in 2005, employs more than 2,000
        people in five separate businesses throughout the state of Ohio.



Ohio voters will be asked to approve the amendment at the November, 2009
election.

Pd. for by Ohio Jobs and Growth Committee, Bill Curlis, treasurer, 865 Macon
Alley, Columbus OH 43206


TEXT OF THE OHIO AFL-CIO'S ENDORSEMENT ANNOUNCEMENT

OHIO AFL-CIO ENDORSES CASINO BALLOT INITIATIVE; PRAISES PRIVATE INVESTMENT,
JOB CREATION PLANS

The Ohio AFL-CIO, representing 700,000 workers in 40 national unions, has
endorsed a 2009 constitutional amendment initiative that will bring four
first-class casinos to Ohio. The casinos are planned for Cleveland, Columbus,
Cincinnati, and Toledo.  The casino initiative, led by the Ohio Jobs and
Growth Committee, will create more than 20,000 construction and permanent
jobs.

"When enacted, this casino proposal will bring a much-needed major private
investment infusion into Ohio's struggling economy," said Ohio AFL-CIO
President Joe Rugola.

Rugola noted that in addition to a $1 billion private investment, the casinos
will produce $2 billion of gross revenue, which would generate guaranteed tax
revenues of 33%, or $651 million, to be distributed annually throughout the
state.

"The time is right for Ohioans to embrace a responsible gaming proposal. This
initiative will keep our gaming dollars in-state, create thousands of good
jobs and generate billions in tax revenues," Rugola said.

SOURCE  Ohio Jobs and Growth Committee

Bob Tenenbaum for Ohio Jobs and Growth Committee, +1-614-573-1377,
btenenbaum@themilenthalgroup.com
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