Ohio defeats casino issue, keeps lending limits

Fourth time plans for expanded gambling turned down since 1990

COLUMBUS, Ohio (AP) -- Ohio voters today rejected a proposed $600 million casino -- the fourth time plans for expanded gambling in the state have been turned down since 1990.

Voters approved a new payday lending law that cuts the annual percentage rate that lenders can charge to 28 percent and limits the number of loans customers can take to four per year. It is among the strictest laws in the country.

In early unofficial returns, the gambling issue was defeated 62 percent to 38 percent. Support for the payday lending law was at 66 percent.

Supporters of Issue 6 bet that voters would think more about Ohio's economic problems than their previous opposition to casinos and gambling. The state in August recorded its highest unemployment rate in 16 years at 7.4 percent.

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