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Ohio legislators know one thing and one thing for sure; they need new ways of generating funds.  Week after week Ohio residents are hearing about the state’s lack of revenue and how it continues to shrink.  Tax revenues are at an all time low in Ohio and the government needs a solution quickly.

Several ideas for generating more income have been considered and many of them have been thrown out as too complicated, not quick enough, and others have simply been considered political suicide.

There was talk of raising income tax, but that is not likely to happen especially with a major state election around the corner.  Slot machines and gambling expansion seems to have been rejected as an idea, but the thought is still very much on the table.  Supporters of gambling expansion in the state of Ohio believe that not only can slot machines bring the state a lot of money in tax dollars but it can generate that income quickly.

“We could help these guys in a matter of months, this year,” promised David George of the Northern Ohio Hospitality and Entertainment Coalition.  The coalition presented the Ohio legislature with a plan to legalize slot machines that promises a big payday for the state government.

Although this plan would take a while to materialize it does not mean Ohio cannot start making money off of slot machines very soon.

“If the state moved quickly, they could get the up-front $200 million in licensing fees in this upcoming biennium. That's a significant chunk of change," said former Cincinnati mayor Charlie Luken.

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