Gambling revenue in Ohio tops $160m

ohio revenue

The number represents a 2.3% increase when compared to the same month a year ago.

The casinos and racinos in Ohio took US$162.2 million in gambling revenue during July operations.

US.- Ohio’s lottery and casino control commissions have reported July financial results, which indicate that the casinos and racinos totalled US$162.2 million. The number represents a 2.3% increase when compared to the same month a year ago.

Gambling revenue rose 3.3% to US$91.9 million from slot machines at the state’s seven racinos. At the four casinos in Cleveland, Columbus, Cincinnati and Toledo, revenue from slots and table games increased 1% to US$70.4 million.

JACK Thistledown Racino’s revenue wasp 15.3% to US$12.3 million, while JACK Casino Cleveland’s rose 7.3% to US$17.1 million. On the other hand, MGM Northfield Park’s revenue fell 5.8% to US$21.1 million when compared to July 2018.

MGM’s property remains the state’s biggest in terms of gambling operations with the US$21.2 million in slots machine revenue. In second place comes Hollywood Columbus with US$18.9 million from both slots and table games.

Racinos’ slots in Ohio topped US$1 billion during last fiscal year

The Ohio Lottery Commission reported that revenue from video lottery terminals at racinos for the fiscal year 2019 reached US$1.05 billion. The revenue from racinos has reported steady growth every year ever since the first racing launched in Ohio in 2012.

The US$1.05 billion figure tops the previous one when the seven racinos in the state registered US$987 million in revenue from video lottery terminals in the previous fiscal year. The difference between racinos and a traditional casino is that the latter can offer table games and skilled-based slots.

Moreover, the Ohio Casino Control Commission reported that casino revenue from January through June totalled more than US$427 million statewide.

Did you like this article?