Slots Line News - May 8, 2006

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 Penn National Joins Learn and Earn

Penn National’s Argosy riverboat casino is docked in Lawrenceburg, Indiana, mere miles from the city of Cincinnati.

In April of this year, Learn and Earn submitted ballot language on a revised plan that would set up slot-like facilities at all seven of Ohio’s racetracks.  In addition, two 3,500 slot machine parlors would be established in downtown Cleveland.  Learn and Earn admits their chief purpose for changing its proposal was to rope in the support of Penn National and another Ohio-slots interest group, Greater Cleveland Partnership.

Slot machine revenues would pay for local economic development and fund college tuition for high school graduates in the state.

According to David Hopcraft, Learn and Earn spokesperson, Greater Cleveland Partnership is giving up its rivalry and forming a very powerful triumvirate with Penn National and Learn and Earn.

The Learn and Earn proposal has a lot of potential according to Cuyahoga County Commissioner Tim Hagan.  Hagan has been a consultant on the Greater Cleveland Partnership proposal.

 

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