Cincinnati Casino Opens Tonight
Updated: Monday, March 4 2013, 07:02 PM EST
CINCINNATI (AP) -- Officials in Indiana and Kentucky are bracing for a loss in tax revenue now that Ohio's newest casino is opening tonight in downtown Cincinnati.
Horseshoe Casino Cincinnati is all but guaranteed to dip into Indiana's casino revenues, which have been declining in the past few years.
Cincinnati's casino represents money that Kentucky could be, but isn't, making.
The casino is the last of four casinos in Ohio approved by voters in 2009.
Casinos in Cleveland, Toledo and Columbus have all opened over the past year.
They have brought in nearly $404 million combined.
About $133 million in taxes from that revenue has gone to Ohio schools, counties and cities.
Web Producer: Kellie Hanna