Racinos grow

Ohio casino revenue down in October

Revenues at Ohio’s full-service casinos slumped more than 6% in October, but the state’s racinos continued to increase revenues.
2016-11-09
Reading time 48 seg
Revenues at Ohio’s full-service casinos slumped more than 6% in October, but the state’s racinos continued to increase revenues.

Gambling revenue at Ohio’s four casinos totaled $62.6 million in October, making it the worst in more than two and a half years, according to figures released Monday by the Ohio Casino Control Commission. The last time revenues were lower was in January, 2014 — a month which saw some casinos close for a few days because of weather.

The Jack Cleveland Casino led the retreat, with October gambling revenues slipping 13 percent from last year to $15.4 million. Revenues at Jack Cincinnati Casino were also down significantly from 2015, falling 10 percent to $14.3 million.

The state reported Hollywood Casino Toledo revenues fell 1.5 percent from last year to $15.3 million

The Hollywood Casino Columbus was the only one of the four to improve from last year, with revenues up 2 percent to $17.6 million.

Gaming revenues at the state’s seven horse tracks with video slot machines was up almost 16 percent through October.

Miami Valley Gaming near Monroe increased revenues from $11 million to $11.5 million in October. Hollywood Gaming in Dayton increased revenues from $7.4 million to $7.8 million.

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