Ohio casinos continue record-breaking trend in October with 14% revenue growth

After the release of a report published by the state’s Casino Control Commission on Monday, it became clear that Ohio’s eleven casinos and racinos are on a streak of record-breaking figures, having brought in $192.7 million in revenue for the month of October. This stands for a 14% increase in a year-over-year comparison, having reached $169.1 million in October 2020; and a 22% increase compared to the year 2019. 

This growth had its most impact on the Cleveland market, which saw gambling revenues rise to $61.7 million, up from $52.9 million last October. 

Statewide, Ohio four casinos pulled in $81 million in total revenue, $24.4 million came from table games and $56.5 from slots. Meanwhile, Ohio seven racinos brought in $111.8 million in slots.

When it comes to casinos, their total revenues was not only up from October 2020 figures, but also exceeded pre-pandemic numbers, as October 2019 accounted for $68.8 million.

MGM Northfield Park had the most gambling revenue in the state in October, followed by the Hollywood Columbus and the Jack Cleveland Casino:

JACK Thistledown Racinos was up 19.6% to $16.5 million.

JACK Cleveland Casino was up 15% to $21.5 million.

MGM Northfield Park was up 16.7% to $23.7 million.

The state has been surpassing its own marks, with a quarter-year monthly increase: in June, Ohio’s numbers reached $196.8 million. July saw $211.2 million, August made $194.3 million and September finished up with $185.3 million. 

The seven racinos, regulated by the Ohio Lottery Commission, are limited to chance-based slot machines called video lottery terminals. The totals reported by the lottery do not include what is taken in from racing bets. Ohio’s four casinos, regulated by the Ohio Casino Control Commission, are permitted to offer a wider variety of slot machines, plus table games including poker rooms.

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Author: wpadmin

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