Ohio casino industry posts record revenue in 2018

Nearly US$1.9 billion were raked by Ohio’s casinos and racinos during 2018 and marked an industry record.

US.- The gambling market in Ohio has seen a major revenue increase over the last few years and reached record revenue during 2018. Last year, the state’s casinos and racinos managed to win US$1.86 billion from gamblers, posting an all time record for the industry.

The record figure helped gambling revenue to increase by 7.2% year-on-year to just over US$1 billion at the seven Ohio racinos, while the casino segment jumped 2.3% to US$837 million. Combined, they reached a 4.9% increase year-on-year from 2017’s record US$1.78 billion and continued a record setting streak that has been going oneversince gambling was introduced in 2012.

MGM Properties’ recently acquired Hard Rock Rocksino Northfield Park topped all other venues as it posted a US$256 million revenue. The figure, which excludes horse racing wagering, meant a 6.9% improvement from the previous year for the venue that is soon to change its name.

However, the biggest improvement was recorded at the Jack Thistledown Racino, in North Randall, where revenue jumped 10.4% to US$127 million.