Mahoning County Commissioners recently approved a tax increment financing (TIF) district for Penn National Gaming and its Hollywood Gaming at Mahoning Valley Racecourse, which is currently under construction in Austintown, reports. The agreement will direct "50 percent of the racino's property taxes [to] infrastructure improvements along the Meridian Road corridor." About $6.5 million is expected to be generated from the TIF. For more, read the full story.