Team Kasich has gone ahead and hired the long-promised casino experts, the crew that will put a microscope to the state’s gaming industry and decide how best to proceed (to VLT? Or not to VLT? That’s the main question). Specifically, they’ve locked in with two firms, a gaming expert and financial expert. At $400 an hour.
According to the Plain Dealer, the Spectrum Gaming Group, straight outta New Jersey, will handle questions regarding the expansion of the state’s industry beyond the lottery and four voter-approved casino projects. Los Angeles-based Moelis & Company, a “mergers and acquisitions” outfit, will look into new fees and taxes that could be slapped onto developers.
The timeline here is pretty interesting. Previously, the administration hadn’t put out any idea of how long the consultants’ work would last. Now, the Spectrum Group’s “work could last up to two years,” Moelis’ “six months to a year,” according to reports.
This article appears in Apr 13-19, 2011.
Kasick keeps spending the state’s money, like we do not have an 8 billion dollar deficit. This complete knothead has attempted to destroy the Public Unions, next will be the Private Unions. He gives the RICH and his FRIENDS tax discounts, while taking more money from us working people. He wants to destroy the working class, and make sure the Rich get more of the pie. Unions, our rights, our money and now he wants to run gambling away, mainly because he hasn’t figured out how to get more money for his friends from it yet, by hiring these consultants he is doing just that. I can’t wait for the Nov referendum, and the next Governor election cycle, I will again VOTE AGAINST THIS egotistical, maniacal idiot, and I urge EVERYONE TO DO THE SAME!!!!!
and yes I intentionally spelled his name that way, because I really think he is that and a criminal for the mess he helped cause at Lehman Bros!!!!
well said Tony Devlin i couldnt have said it better myself .
another stupid move by Ohio politicians, this will hold up these projects for maybe two years, the loss of revenue for those two years plus the cost of the consultants adds up to millions of dollars that Ohio looses mean time. This is just another reason to move out of Ohio,the sperm bank of idiots.
The only Bad Deal Ohio got, is when we elected this idiot.
I can’t see how he can change the deal already in place with Gilbert and Penn.
How do you go about changing an amendment to the Ohio constituion?