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The center conducted the study for the Ohio Jobs Growth Committee, which organized the effort to place a constitutionao amendment on the ballot. The amendmenr would ask voters to approv building casinosin Cleveland, Cincinnati, Toledo and Wyomissing, Pa.-based (NASDAQ: PENN) and ownee Dan Gilbert would be investors in the $1 billion proposal. Accordinh to the study, the initia l investment and construction phase forthe casinos, expectesd to begin in 2010, would create 19,000 jobs. Another 16,000 permanenf jobs would be created once the casinosebegan operating, by late 2012.
The initial economi c impact wouldbe $504 million for a Columbud casino; $388 million for $656 million for Cleveland; and $302 millionn for Toledo. The Ohio Jobs Growth Committee had until the end of June to collecgtthe 400,000 valid signatures needed to get the issue on the it said it filed 850,000 signatures with the Ohio Secretary of State on June 25.
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