February 26, 2009 - 08:03 am
News Feed: Ohio

Past rivals ready 5th gambling bid

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The proposal would include a casino in Columbus, likely in the Arena District. The capital city was not included in the previous four gambling-related statewide ballot measures, all of which failed but drew support in areas where casinos were proposed.

Lakes Entertainment Inc. of Minnesota, which spent nearly $26 million to promote last year's proposal for a casino near Wilmington, and Penn National Gaming Inc. of Pennsylvania, which spent more than $36 million against it, now are working together on a ballot measure for November, sources said.

Also on their team are two deep-pocketed Cleveland investors. Cavaliers owner Dan Gilbert, who also is the chairman of Quicken Loans, and developer Jeffrey Jacobs, chairman of a Colorado-based gambling company, reportedly are working with the two companies.

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