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The Associated Press

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.

Posted in: News, Warren County |

Tags: Tags: buffalo, casino, commissioners, lebanon, miami valley gaming & racing, monroe, racino, tutlecreek township, warren county, warren county fairgrounds

This illustration shows what the new Warren County racino near Monroe is expected to look like. / Provided

Paul McKibben reports:

Warren County commissioners on Tuesday approved plans for a $175 million racino to be built in Turtlecreek Township, near Interstate 75 and Monroe.

The gambling facility will combine harness with video lottery terminals. Construction is expected to start next month and a last a year. The racino is a joint effort between Churchill Downs Inc. and Delaware North Gaming & Entertainment Cos.

The racino is expected to employ 700 people.

This story will be updated.

Posted in: News, Warren County |

Tags: Tags: buffalo, casino, commissioners, lebanon, miami valley gaming & racing, monroe, racino, tutlecreek township, warren county, warren county fairgrounds

Paul McKibben reports:

Warren County commissioners today approved a special taxing district for a new racino that is expected to bring 700 jobs and millions of dollars of tax revenue as soon as late 2013.

Sale of the 120-acre property for $4.5 million from the state of Ohio to Miami Valley Gaming & Racing of Buffalo, N.Y., the racino operator, is pending.

The land, formerly a state prison farm, is located at Ohio 63 and Union Road in Turtlecreek Township, near the Monroe outlet mall on Interstate 75. Lebanon Correctional Institution is located directly across Ohio 63.

The Lebanon Raceway would move from the Warren County Fairgrounds in Lebanon to the new location. A racino combines horse racing and video slots.

Miami Valley Gaming’s plans, filed with the county, include a 188,000-square-foot casino and a five-eighths-mile track with a two-level grandstand that can seat 700. The casino will have up to 2,500 video lottery terminals but no gaming tables.

The casino would be open 24 hours a day/seven days a week.

Miami Valley Gaming is a joint venture between Delaware North Cos. Gaming and Entertainment and Churchill Downs.

Lebanon City Schools, Turtlecreek Township, Warren County, the Warren County Career Center and other taxing units will benefit financially from the racino because the property is currently owned by the state and governments don’t pay property taxes.

The Enquirer will update this story.

Posted in: News, Warren County |

Tags: Tags: buffalo, casino, commissioners, lebanon, miami valley gaming & racing, monroe, racino, tutlecreek township, warren county, warren county fairgrounds