LEBANON, Ohio (AP) — Redevelopment of the fairgrounds in one southwestern Ohio county is on hold as state officials figure out the details of distributing $12 million in payments to communities affected by the legalization of racinos.
Lebanon in Warren County, north of Cincinnati, is the first of four communities around Ohio eligible for up to $3 million from a fund set up as part of the 2011 law that allowed racetrack owners to add electronic slot machines.
The Dayton Daily News (http://bit.ly/1hXu6M0 ) reports that as many as three other communities could also receive state money if they lose their local racetracks as a result of the trend toward racinos.
To receive the money, the communities will be required to submit plans to the state for creating jobs and stimulating economic development.
Information from: Dayton Daily News, http://www.daytondailynews.com