A local casino is invoking border state competition to urge the Legislature to reconsider gambling taxes.
Wheeling Island Hotel-Casino-Racetrack President and General Manager Osi Imomoh warned the House-Senate Finance Committee Friday that his venue is increasingly unable to compete with Ohio and Pennsylvania.
Imomoh says Wheeling Island's total business has declined by more than a third in the last three years. It's lost nearly three-fourths of its table games business. That prompted the casino to hesitate initially at renewing its $2.5 million table games license.
Imomoh calculated West Virginia's effective casino tax rate at 42 percent. He says that's the sixth largest in the U.S. He says lower taxes would leave more revenues for hiring and upgrades.