4 Ohio casinos' see revenue slump in June
COLUMBUS, Ohio — The state’s four voter-approved casinos saw a revenue slump in June similar to colder months this year.
The Ohio Casino Control Commission released the latest revenue numbers Monday. June revenues totaled about $63.6 million — down by about 7 percent compared to a year ago.
Cincinnati’s casino grossed about $15.3 million last month. That’s below what it saw in January and February, when Ohio was hit with bitter cold.
Casinos in Cleveland and Toledo saw revenues about on par with their February figures. Columbus’ casino reported almost $15.9 million last month, about $1.6 million below its February revenue.
Eastern Kentucky gets $1M grant
FRANKFORT, Ky. — A national community service organization is investing $1 million in eastern Kentucky to help the region recover from the downturn in the coal industry.
The money from the Corporation for National and Community Service will hire 52 fulltime workers to recruit volunteers for 16 nonprofit groups on issues ranging from education and poverty.
It is one of the first initiatives of the Shaping Our Appalachian Region, an initiative founded by Democratic Gov. Steve Beshear and Republican U.S. Rep. Hal Rogers to help eastern Kentucky. Beshear and Rogers also announced Monday $312,000 in technical assistance from the U.S. Economic Development Administration.
Eastern Kentucky has lost more than 7,000 direct coal mining jobs since Jan. 1, 2012.
Jack Daniel’s opens Alabama barrel making facility
NASHVILLE, Tenn. — The maker of Jack Daniel’s Tennessee Whiskey on Monday celebrated the opening of a new cooperage in Alabama to supply its distillery with the American white oak barrels that are toasted and charred to give the spirit its distinctive flavor and color.
The facility located in Trinity, Alabama, is about 60 miles southwest of the Jack Daniel distillery in Lynchburg, Tennessee. Within the next few weeks, the cooperage is expected to make about 700 barrels per day out of wood from nearby stave mills owned by the company, and is projected to employ more than 200 workers when it reaches full capacity.
Ohio gas prices keep dropping after holiday
COLUMBUS, Ohio — Ohio gas prices have gone down again and remain below the national average.
The average price for a gallon of regular gas was $$3.56 in Monday’s survey from auto club AAA, the Oil Price Information Service and WEX Inc. That’s 7 cents cheaper than a week ago, but it’s also notably higher than the average of about $$3.38 per gallon at this time last year.
Monday’s national average was higher than the state average at about $3.66 per gallon, down 2 cents from a week ago.
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