During the second quarter of the this year, the first in which two of the state’s new casinos were open, $19.76 million was collected from the 33 percent tax on casino revenue. Most of the casino tax money goes to local governments and schools, based on a formula set in the 2009 voter-approved constitutional amendment authorizing construction of four casinos. The state is required to distribute the money within a month of each quarter’s closing, except for school district distributions, which happen twice per year, in January and August.
Per the Constitution, 51 percent of the taxes collected go to county governments in proportion to their population. For the second quarter, that adds up to about $10 million. Counties containing a city with a population of 80,000 or more must split the money with that municipal government. School districts get 34 percent of the revenue, which tallies to $6.7 million for the quarter. Casino host cities receive 5 percent of collections. Cleveland will get $648,431.33 for the second quarter, while Toledo will get $339,575.30. The Casino Control Commission, the Ohio State Racing Commission and funds established for law enforcement training and gambling addiction also receive part of the revenues.
The Ohio Lottery Commission also reported that FY 2012 was a record year, with traditional sales reaching $2.73 billion, a figure that does not include sales at video lottery terminals, the first of which went live in early June. The Lottery Commission said on its website that sales were $133 million higher than FY 2011’s, and enabled a $771 million transfer to the Lottery Profits Education Fund.