Ohio shared July’s report

Ohio’s lottery and casino control commissions shared last month’s financial results.

US.- Authorities of the State of Ohio have released a complete report on financial activities addressing casino and lottery operations during July of the current year. According to the official report, Ohio’s complete licensed casinos and racinos have collected US$158.6 million in July 2018, which represents an increase of 2.7 per cent compared to July 2017.

The complete results were officially published last Tuesday, August 7, by Ohio’s lottery and casino control commissions, as the local press reported. “The growth was the result of gains for Ohio’s seven slots-only racinos, where revenue was up 5.2 per cent to US$88.9 million. Revenue at Ohio’s four casinos, which include table games, slipped 0.3 per cent to US$69.7 million,” reads the governmental statement.

The highest revenue was reported by the Hard Rock Rocksino in Northfield, which was purchased for US$1 billion by MGM Growth Properties on July 6. The report shows that the Hard Rock casino had slots revenue after paying out winnings of US$22.5 million in July.

Meanwhile, Ohio State legal gaming market could be even further as two Northeast Ohio Senators have introduced a bill to regulate the sports betting segment in the state. Sens. John Eklund and Sean O’Brien are sponsoring the bill which is – intentionally – extremely detailed in bets for the Browns and Cavaliers (Cleveland’s NFL and NBA teams respectively) games. According to O’Brien, specifics in the bill would be ready by no later than September, in order to get the project ready for the 2019 session.