Ohio’s revenue up in August

revenue ohio

The state’s gambling industry performance managed to achieve US$164.4 million in revenue.

The gambling revenue in Ohio posted a 4.2% increase in August and totalled US$164.4 million, according to the state regulator.

US.- The Ohio Lottery Commission and the Ohio Casino Control Commission have reported that combined revenue in the state has increased 4.2% in August. The state’s gambling industry performance managed to achieve US$164.4 million in revenue.

The Lottery Commission, which reports activity at racinos, said that gambling revenue was up 6.3% to US$93 million at the seven slots-only facilities in Ohio. The Ohio Casino Control Commission reported an increase in revenues of 1.6% to US$71.4 million at the four casinos in the state.

JACK Thistledown was once again one of the biggest operators in Ohio. This is as the facility increased its revenues by 10.6% year-on-year to US$94.9 million. Hollywood Gaming Dayton posted a 12.8% increase to US$10 million, while Miami Valley Gaming an 11.6% rise to US$15.4 million. JACK Cleveland Casino reported a 3$ rise to US$18 million.

On the other hand, MGM Northfield Park generated US$20.7 million but the facility’s revenues decreased by 3.2%.

Ohio regulators approved DFS rules

The Casino Control Commission unanimously approved last month a series of new rules for daily fantasy sports (DFS) operations. The measures include banning sites from using auto-drafts to select players.

The new rules, which came into force on September 3, feature a list of consumer and anti-fraud protections. Athletes, coaches, referees and fantasy sites employers are not eligible to participate in any public fantasy sports contest.

DFS sites must agree to ban access to local citizens under 18 and ensure money is refunded to the public if a site closes. They also have to require participants to select their own players, cleveland.com reported. The ban of the auto-draft function is to ensure that DFS is based on skill instead of luck.

Did you like this article?