Ohio gambling revenue slips in April

Ohio gambling revenue slips in April

Gambling revenue in Ohio posted a 1% decrease in April. Credits: SUSTEMPO.com

The casino and racino gambling revenue decreased 1% during April operations in Ohio.

US.- The Ohio Lottery Commission released on Tuesday the latest financial report that details April operations in the state. The release showed that Ohio’s 11 casinos and racinos’ gaming revenue slipped 1.1% from April 2018.

The 11 facilities totalled US$160.2 million in April, which represents a 1.1% year-on-year decline. About one-third of that revenue was then paid to the state either in taxes or lottery fees.

The racinos generated the biggest amount of revenue in April to US$89.6 million from slot machines, which is a 0.1% decline when compared to the US$89.7 million registered in April 2018.

The four casinos in the state, located in Cleveland, Cincinnati, Columbus and Toledo, generated US$70.6 million in revenue from slots and table games, but it is also a decline (2.4%) from the US$72.3 million reported during the same period last year.

April 2019 saw the debut of MGM Northfield Park, formerly called Hard Rock Rocksino Northfield Park. The facility is still Ohio’s busiest gambling operator. However, revenue was down 11.6% to US$20.2 million from US$22.9 million in April 2018.

In the other hand, Cleveland’s two JACK Entertainment properties reported a combined revenue increase of 3.9% to US$29.3 million. JACK Cleveland Casino was down 1.1% to US$17 million, while JACK Thistledown Racino increased revenues by 11.8% to US$12.3 million.

March was a good month for Ohio’s gambling

Racinos in the state generated US$103.1 million from slot machines in March. These figures represent a 6.9% increase from the US$96.5 million registered in March 2018. The racino with the biggest activity in March was former Hard Rock Rocksino Northfield Park. The facility rebranded on April 1 to MGM Northfield Park and registered US$24.5 million in revenue. JACK Thistledown Racino’s revenue was up 8.4% to US$13 million.

Overall, gambling revenue at the 11 casinos and racinos totalled US$184 million, up 3.4% from the same period in 2018. The increase was due to gains at the seven racinos offsetting a statewide decline in casino performance.

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