Published: July 15, 2010 11:45 am ET

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The decision of letohiovote.org not to pursue a statewide referendum in view of the public support for casinos has bolstered chances of early approval of slots at the state’s seven tracks.

The lottery commission is preparing regulations and Ohio Governor Ted Strickland, who has strongly backed the idea, is asking the courts to rule that slots at tracks are an extension of the state lottery, and not unconstitutional.

In another Ohio development, Lakes Entertainment, a 10% partner in Penn National’s Columbus and Toledo casino plans, is opting for a short-term profit, taking $25 million and opting out of its investment.

(Harness Tracks of America)