Talkline with Hoppy Kercheval  Watch |  Listen

Lawmakers set to study casino competition issue

WHEELING, W.Va. — State Senate Finance Committee Chairman Roman Prezioso believes there’s new energy to study the impact out-of-state competition has had on Wheeling Island Casino following last week’s legislative interim committee meetings in Wheeling.

A group of state lawmakers heard from casino officials back on Friday. Prezioso told MetroNews after that meeting there had been a good exchange and there would be a full study in the months ahead.

“We’re going to come out of here with some new energy and some openness and transparency and try to put this thing back on a winning path,’ he said.

Wheeling Island has lost millions to newer casinos in other states that pay lower state taxes and fees. The casino is looking to work with lawmakers to come up with a balanced solution. Wheeling Island plans to renew its $2.5 million table games state license by the Tuesday deadline for at least one more year.

Sen. Prezioso, D-Marion, said it’s important for Wheeling Island Casino to be a revenue generator for the state. He said it cannot fail.

“This county cannot afford that, Wheeling cannot afford that. The state of West Virginia, we’re addicted to the revenues,” Prezioso said.

The Senate leadership began working with Wheeling Island on a possible relaxing of its annual licensing fee in the final days of the regular legislative session earlier this year but a deal didn’t get done. Prezioso believes that may have been for the best.

“It’s going to give us an interim session to look at this thing in a logical and orderly manner that we can maybe come forth with some legislation to help these folks out,” he said.

In the meantime, lawmakers urged the casino to work with the state Department Commerce on new signage as travelers get closer to Wheeling and possibly packaging the casino with other events and attractions in the area.

 





More News

News
MetroNews This Morning 3-29-24
Summary of West Virginia news, sports, and weather for Friday, March 29, 2024
March 29, 2024 - 6:24 am
News
Dunlow Volunteer Fire Department closes
The Dunlow VFD did not have a valid workers compensation insurance policy.
March 29, 2024 - 1:23 am
News
As Yeager Airport's Wildlife Patrol Dog turns 7, a new dog comes in to learn from him
The new Border Collie is getting acclimated and receiving training for his soon-to-be role.
March 28, 2024 - 6:30 pm
News
PEIA examines financial effects of new law meant to ensure local pharmacies get fair reimbursements
Gov. Jim Justice signed Senate Bill 453 into law this week.
March 28, 2024 - 4:11 pm


Your Comments