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Ohio casino revenue less than what was predicted

COLUMBUS, Ohio (WKRC) -- Ohio's casino tax revenue over the past year fell short of what state officials had predicted.

The state's four casinos generated $273.4 million in tax revenue in the fiscal year that ended in June. That was more than $36 million less than the state had predicted.

The likely reason is competition. Five racinos have opened since casino gambling was introduced in Ohio in 2012, and two more are slated to open in the coming months.

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