Issue 3 would create jobs, generate new tax revenue in Cleveland and surrounding counties

CLEVELAND — Passage of Issue 3 would create 34000 jobs in Ohio – 8,000 in Cleveland alone – while also sparking further downtown development in Ohio’s largest metropolitan area.



Also, the city of Cleveland would receive tax revenues in excess of $29.6 million annually. Local school districts would receive about $22.5 million.



The Ohio Hispanic Chambers of Commerce — representing 5,000 Hispanic businesses throughout Ohio — earlier this month announced its support for Issue 3, which would authorize first-class casinos in Cleveland, Cincinnati, Columbus and Toledo.



Ohio Hispanic Chambers of Commerce president and chairman Gus A. Hoyas cited the economic impact and job creation Issue 3 would provide.



“The casino initiative will create more than 34,000 construction and permanent jobs,” Hoyas said. “When enacted, that will mean that jobs will also be created for Hispanic businesses that can help to reshape the Ohio economy.”



Hoyas also noted that Issue 3 “would generate guaranteed tax revenues of 33 percent, or $651 million, to be distributed annually throughout the state to help grow our cities.”



“The initiative will keep our gaming dollars in-state, create thousands of good jobs and generate billions in tax revenues,” he said.



The Ohio Hispanic Chambers of Commerce joins a growing list of organizations – including the Greater Cleveland Partnership, local labor unions and business owners — urging passage of State Issue 3.



“This is clearly the right plan at the right time,” said Ohio Jobs and Growth Chairman Charlie Luken.



“Not only will the proposal provide $651 million a year in tax revenues to be shared by all 88 counties, the eight largest cities and every ...