Ohio State's November 7th ballot will include a referendum permitting the operation of 31,500 slot machines at seven commercial horse racing tracks and two casinos.
The group that supports slots at the racetracks, Learn & Earn, submitted petitions a few weeks ago in order to get the issue on the ballot, but came up almost 900 signatures short of the 322,899 required for approval. However, the group succeeded in turning in 26,081 valid signatures which more then made up for the difference.
According to the distribution plan, each of the race tracks and proposed casino would receive as many as 3,500 slot machines.
The amendment calls for 30% of the gross revenue from slots to be set aside for college scholarship and grant programs, 8% to local governments for capital improvements or economic development, 6% to the purse funds for Ohio's horse racing tracks, and 1% to gambling addiction programs.
Learn & Earn is projecting that slot machines will bring in $2.84-billion a year, which will generate $852.7-million for scholarships and grants.
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