LEBANON, Ohio (AP) — A company planning to build a $175 million racino in southwest Ohio has moved a step closer to its goal.
Miami Valley Gaming & Racing announced Friday that it purchased harness racing licenses and other assets from the Lebanon Trotting Club Inc. and Miami Valley Trotting Inc.
The Dayton Daily News (http://bit.ly/R9QhF7 ) reports the new facility is expected to open in Lebanon in Warren County in the first quarter of 2014.
The project will include a harness racetrack and a 186,000-square-foot building that will open with more than 1,000 video lottery terminals. Miami Valley Gaming says the facilty is expected to create about 1,000 construction jobs and 700 permanent jobs.
Penn National Gaming also is planning a racino. The construction cost for the Dayton project is estimated at $125 million.