Minnesota Company Invests In Ohio Casinos

(Undated) -- A Minnesota gaming company has invested in the Ohio casino ventures of Cavs owner Dan Gilbert and Penn National Gaming. Lakes Entertainment, led by Lyle Berman of the World Poker Tour, paid four-point-three-million-dollars to the development businesses of Gilbert and Penn in an SEC filing made days before the election. According to the filing, the money paid by Lakes will go towards covering the cost of the campaign to pass Issue 3 and gives Lakes an undetermined share in each of Rock's and Penn's Ohio casinos, with the option to eventually expand the share to ten-percent. Berman had unsuccessfully tried to get a casino in southwest Ohio in 2008 and Truthpac, the anti-gaming group, made early allegations about Berman's association with Issue 3. Those allegations were denied by an Issue 3 spokesperson eight days before Berman's filing. [[ Note Nature ]]