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Thursday, October 4, 2012
Fact Check: Economic Impact of Ohio Casinos | NBC 4i
COLUMBUS, OH --
In the fall of 2009, Ohio's unemployment rate had peaked at 10.6 percent, homes were foreclosing at a record pace, and on Wall Street the stock market was plunging. So the pitch for casino gambling, something Ohio voters had repeatedly said no to in previous years, suddenly sounded pretty good.
Ohio?s airwaves were filled with millions of dollars worth of campaign ads promising that "Issue Three will create 19,000 construction jobs and 15,000 permanent jobs. That's 34,000 new jobs for Ohio"
But Tom Smith at the National Council of Churches, a longtime opponent of casino gambling, says gambling interests were so desperate to break in to the Ohio market that they overpromised. ?We knew they were never going to live up to those numbers," Smith said.
According to the most recent reports from casino developers, the number of direct construction jobs at the four casinos totals 9,091, about half of the 2009 estimate of 19,000. The 2009 estimate also included as many or more new jobs indirectly related to construction.
The most recent estimate for permanent casino jobs in Ohio stands at 6,629 - far fewer that the 15,000 promised in the campaign ads. But again, that estimate of 15,000 included new jobs that would be created at other businesses because of the casino.
The 2009 pro-casino estimates also projected casino tax revenues as high as $650 million. Those estimates are now much lower. Penn National Gaming spokesman Bob Tenenbaum says ?the gaming landscape in Ohio?has changed dramatically since 2009.?
"At the time those estimates were prepared, there was no proposal to allow Video Lottery Terminals at Ohio racetracks on the table, so obviously the estimates did not take into account any competition from racetracks VLT facilities,? Tenenbaum said.
Rock Ohio Caesars, developer for the Cleveland and Cincinnati casinos has dropped its tax revenue projections from $385 million to $200 million. The estimate for Penn National Gaming's?Toledo casino has dropped from $102 million to $65 million. The Columbus tax revenue estimate of $163 million has not been revised. In total, the casinos have lowered their tax revenue estimates from $650 million?to $428 million.
Scioto Downs in Franklin County was the first of what may eventually be seven racinos to open in Ohio with video slots. The racetrack VLT?s are expected to generate $435 million a year in state tax revenue but will cut into the bottom line for each of the four casinos.
"Obviously, the better test of the true economic impact of the casinos will be actual revenues,? Tenenbaum said. ?The opening of the Columbus casino next week will bring additional clarity, and we will have an even better opportunity to gauge that impact once all four Ohio casinos are up and operating sometime next year."
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Source: http://www2.nbc4i.com/news/2012/oct/02/2/fact-check-economic-impact-ohio-casinos-ar-1193131/
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Tuesday, October 2, 2012
iPad Mini Rumor Roundup: Everything We Think We Know [Ipad Mini]
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Romney says debate isn't about winning and losing
DENVER (AP) ? Republican presidential candidate Mitt Romney says the upcoming presidential debate isn't about winning and losing.
Romney arrived in Denver on Monday ahead of his Wednesday matchup with President Barack Obama. He told a crowd of thousands at a rally that the debates are about "something bigger" than who wins.
The GOP nominee stood in front of four enormous banners that spelled out the word "jobs." He said that jobs would be, quote, "job one" under a Romney administration.
Romney has been putting in long hours of practice for the Wednesday debate. He plans to spend Tuesday doing more preparation work, at a Denver hotel, and doesn't plan any public events.
Source: http://news.yahoo.com/romney-says-debate-isnt-winning-losing-025126810--election.html
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Monday, October 1, 2012
Falcons go to 4-0 with 30-28 win over Panthers
Atlanta Falcons kicker Matt Bryant (3) makes the winning field goal as Matt Bosher (5) holds during the second half of an NFL football game against the Carolina Panthers, Sunday, Sept. 30, 2012, in Atlanta. Atlanta won 30-28. (AP Photo/Rich Addicks)
Atlanta Falcons kicker Matt Bryant (3) makes the winning field goal as Matt Bosher (5) holds during the second half of an NFL football game against the Carolina Panthers, Sunday, Sept. 30, 2012, in Atlanta. Atlanta won 30-28. (AP Photo/Rich Addicks)
Atlanta Falcons wide receiver Roddy White (84) celebrates with Julio Jones (11) after catching a touchdown pass during the first half of an NFL football game against the Carolina Panthers Sunday, Sept. 30, 2012, in Atlanta. (AP Photo/John Bazemore)
Carolina Panthers quarterback Cam Newton (1) talks with Atlanta Falcons quarterback Matt Ryan (2) following a 30-28 win by the Falcons over the Panthers in their NFL football game at the Georgia Dome in Atlanta Sunday, Sept. 30, 2012. (AP Photo/David Goldman)
Carolina Panthers quarterback Cam Newton (1) fumbles the ball as Atlanta Falcons outside linebacker Sean Weatherspoon (56) pursues during the second half of an NFL football game Sunday, Sept. 30, 2012, in Atlanta. The Falcons beat the Panthers 30-28. (AP Photo/John Bazemore)
Atlanta Falcons wide receiver Roddy White (84) carries his daughter Milon around the field following a 30-28 win over the Carolina Panthers in an NFL football game Sunday, Sept. 30, 2012 in Atlanta. (AP Photo/David Goldman)
ATLANTA (AP) ? The Atlanta Falcons never trailed in their first three games.
Now they know they can play from behind, too.
Rallying in the final minute from their 1-yard line, the unbeaten Falcons scrambled into position for Matt Bryant's 40-yard field goal with 5 seconds remaining and pulled out a 30-28 victory over the Carolina Panthers on Sunday.
Atlanta (4-0) is off to its best start since 2004, when the Falcons reached the NFC championship game.
This team has even higher goals.
"We're not good enough to play every game from ahead," coach Mike Smith said. "This showed the mettle of the guys in that locker room. They showed a lot of resiliency."
No one was more resilient than Matt Ryan. Shaking off a career-high seven sacks, the Falcons' quarterback dropped back into his own end zone and threw up a pass that Roddy White snatched away between two defenders for a 59-yard gain. After a pass interference and a couple of short completions, Bryant won it with a kick right down the middle.
"We're right where we need to be in terms of our record," said Ryan, who threw for 369 yards and three touchdowns despite taking an awful beating. "In terms of our play, we've got a lot of improving to do."
After squandering a 24-14 lead in the second half, the Falcons needed a crucial fumble by Cam Newton to even have a chance ? and they still faced long odds when the Panthers downed a punt at the Atlanta 1 with 1:09 remaining.
Ryan had no timeouts and surely some doubt about how much time his beleaguered offensive line would give him. But he dropped back about as far as he could, threw it about as far as he could, and relied on White to go up and make the catch.
He did, the biggest catch of all on a day when he had eight for 169 yards.
"Matt told me he was going to throw it up there. Just make a play," said White, who also had a pair of touchdowns. "Not for one second did we think we were going to lose the game."
Newton threw two touchdown passes and ran for another score. But he let the ball slip away when it looked as though he had clinched the victory for the Panthers (1-3).
"You have to protect the football," Newton said. "That was a key focus going into this game, and I fumbled. There's a lot of guys that are trusting the ballcarrier, and I was the ballcarrier that particular play to get the job done. And I dropped the ball."
On third-and-2 at the Atlanta 46, Newton took the snap and bulled his way over the left side, his body surging across the spot needed for the first down. On the sideline, several of the Panthers broke into a celebration.
But John Abraham knocked it loose, the ball squirting backward. Fullback Mike Tolbert covered it for Carolina at the 45 ? 1 yard shy of a first down. After attempting unsuccessfully to draw the Falcons offside, the Panthers punted it away.
The Falcons took advantage.
Once they got Bryant in position, it was over.
The 37-year-old kicker made all three of his attempts against the Panthers, improving to 9 for 9 on the season. Since joining the Falcons during the 2009 season, he has missed only eight of 79 tries.
"Clutch," is how Ryan described him.
Charles Johnson spent so much time in the Atlanta backfield, he should've worn a Falcons jersey. He was credited with 3? sacks and hit Ryan five other times after he got the ball away.
If only Johnson could've gotten to him one more time ? on that long pass to White.
"I just heard the crowd, and when I got up I was kind of in disbelief," Johnson said. "I couldn't believe what had happened. You know they were going to go deep, but that's one of the plays that we're going to have to learn from. I think it's either going to make us or it's going to break us. We'll see down the road."
Newton's fumble ruined what had been a stellar performance. He threw for 215 yards, including a 17-yard touchdown to Greg Olsen early in the game, then a 36-yard scoring play to Kealoha Pilares that put the Panthers ahead 28-24 with 7:55 remaining.
Newton also ran for 86 yards on nine carries, bulling his way into the end zone from 4 yards out late in the third quarter.
The Panthers played much better than they did in their last outing, a 36-7 home loss to the New York Giants, but it wasn't enough to prevent them from sliding a daunting three games behind Atlanta in the NFC South.
"I want to apologize to my teammates and the fans that were watching out there," Newton said. "Everybody was doing their job. I clearly had the first down, but I've just got to hold onto the football."
NOTES: Michael Turner scored on a 60-yard screen pass, the first touchdown reception of his nine-year career. ... Carolina S Haruki Nakamura had an early interception, but it was largely a day to forget. He was beaten on both of White's touchdown receptions, missed a tackle on Turner's scoring play and had the ball snatched away by White on the long pass that set up the winning field goal. ... The Falcons travel to Washington next Sunday, while Carolina hosts Seattle.
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Online: http://pro32.ap.org/poll and http://twitter.com/AP_NFL
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PFT: Saints' Brees ties NFL's 'DiMaggio record'
ReutersDrew Brees and Aaron Rodgers were both outstanding on Sunday at Lambeau Field, but in a back-and-forth game with plenty of twists and turns, it was Rodgers? Packers who ended up on top of Brees? Saints, 28-27.
Brees completed 35 of 54 passes for 446 yards, with three touchdowns and no interceptions, but that wasn?t enough. Although he maneuvered them into range for an apparent go-ahead field goal late in the fourth quarter, the Saints? successful kick was called back on a holding penalty, and when they were backed up the Saints missed.
Rodgers completed 31 of 41 passes for 319 yards, with four touchdowns and one interception, and a short completion on a third down just after the two-minute warning iced the game and gave the Packers the win.
For the second consecutive week, the Packers suffered at the hands of bad officiating. Last week it was the infamous Hail Mary in Seattle that wrongly gave the Seahawks a touchdown and likely led to the end of the NFL?s lockout of its referees. This week there are no replacements to blame, just longtime ref Jeff Triplette and his crew, who botched several calls, including a fumble by Saints kickoff returner Darren Sproles that they wrongly ruled down by contact, and a push-off in the end zone by Saints receiver Marques Colston on a touchdown catch that should have been called back for offensive pass interference.
But this time the bad officiating didn?t cost the Packers the game, and they improved to 2-2. The Saints fought hard, but in the end they lost once again, falling to 0-4.
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