Ebro Greyhound Park Pledges Schools a Share of Potential Slots Revenue
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Updated: 8:10 AM Jan 25, 2012
Ebro Greyhound Park Pledges Schools a Share of Potential Slots Revenue
Ebro Greyhound Park has delivered a letter of intent to Washington County Schools, promising the schools a share of revenue should voters approve slot machines at the park.
Posted: 4:22 PM Jan 24, 2012

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CHIPLEY -- Ebro Greyhound Park announced Tuesday they had presented a letter of intent pledging that Washington County Schools would share in the revenue created by slot machines, should voters approve them at the track.

The letter was presented to Dr. Sandra Cooke, superintendent of Washington County Schools, and signed by Stockton Hess, president and general manager of Ebro Greyhound Park.

The track announced that the document earmarks revenues specifically for teachers’ salaries, transportation and ground maintenance, as well as other school and classroom needs. The community revenue sharing funds will go directly to the Washington County School District without passing through Tallahassee or any other hands, the statement said.

“State statutes dealing with gaming revenues do not provide for direct revenue sharing, however, we feel this is unfair to local communities,” Hess said in a statement. “We believe it is our civic duty to share revenues directly with our home county, communities and schools.”

The letter of intent to the school district follows other letters of intent to share slot machine revenues delivered last week to the county and the town of Ebro.

Hess said in the statement that the letters of intent make the revenue sharing more than a pledge, and that they are "both legally and morally binding and guarantee the revenue sharing will take place if voters support the slots initiative.

The letters will be followed by final, binding legal agreements if voters approve the addition of slots to the facility in a Jan. 31 referendum, he added.

Should slots be approved by voters, the letters commit Ebro Greyhound Park to paying an estimated combined total of two percent to three percent of gross slot machine revenue on a monthly basis to the county, Town of Ebro and Washington County School District, the track announced.

The exact percentage will be based on projected revenue and will be determined at a later date. The funds for the county and Town of Ebro are earmarked for public safety, public works and the general fund.

The track projects the amount of community revenue sharing as near $2 million annually.

In the statement from the track, Hess also asked voters "not to be swayed by misleading political mail coming from Tallahassee attempting to defeat the slots initiative and block community revenue sharing."

“These are big city outsiders who don’t care about Washington County,” he said. “They will do and say anything to sell out Washington County and protect Tallahassee’s monopoly on gaming revenues.”


Latest Comments

Posted by: Bruce on Jan 26, 2012 at 04:59 PM

I dont see any of our current gambling/gaming causing problems, and 98% of those are state run games. Look at how "many ways of winning" (games) they run (i mean offer). Pick 3, pick 4 (twice per day) fantasy 5 (daily drawings), mega money, lotto, power ball, (twice per week) and atleast 20 different scratch off games at any one given time, with prices ranging from $1 up to $20 per game. What tragedies, crime, and corruption they are all causing? Children starving, families living under bridges, Pa just sold the last load of fire wood so he could go play the lottery again. I dont see it. When are the nay nays going to stop proclaiming that the sky is going to fall if expanded gaming comes to Ebro, and look at it for the jobs it would produce? When are the Washington county commissioners going to wake up and see that its citizens want jobs in their home county?
Posted by: Brock Location: panama city on Jan 25, 2012 at 01:03 PM

Promises, promises. It won't make up for the harm that expanding gambling will cause.
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