Ohio reports 10 pct increase in revenues

ohio increase revenues

The state reported a 10% rise in revenues during May’s operations. Credits: whaleoil.co.nz

Casinos and racinos in Ohio experienced good results in May and posted almost a 10% increase in revenues.

US.- The Ohio Casino Control Commission and the Ohio Lottery Commission released the financial results from May operations in the state. Casinos and racinos in the state increased their revenues by 10.4% in May when compared to the same month in 2018.

MGM Northfield Park reported a 9.3% increase in revenue, while JACK Cleveland Casino registered a 15% jump. JACK Thistledown Racino was the facility in Ohio that posted the biggest increase in revenues with a 17.3% in May.

The 11 casinos and racinos in Ohio totalled US$169.4 million, which is approximately US$15 million higher when compared to the US$153.5 million that the facilities generated statewide the previous year.

Furthermore, the local lottery commission also revealed that the seven racinos generated US$95.9 million from slot machines, or an increase of 13.2% from the US$84.8 million in May 2018. The casino regulator said that the four casinos in Cleveland, Cincinnati, Columbus and Toledo totalled US$73.5 million in revenue from slots and table games, which is a 7% increase from 2018.

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