Ohio casinos and racinos report record $216M revenue in March

Home » Ohio casinos and racinos report record $216M revenue in March

Casinos and racinos working in Ohio took in $216 million in March, breaking a state report. The 11 venues introduced in a complete of $216.3 million in playing income for the month, thus surpassing the $215.9 million mark posted in March 2021, in line with month-to-month stories from the state’s regulators launched final Thursday.

Breaking down knowledge launched by the Ohio On line casino Management Fee and the Ohio Lottery exhibits that gaming revenues for the 4 licensed casinos within the Buckeye State hit $93.3 million, whereas the seven racinos delivered $122.9 million in playing revenues. The mixed $216.3 million in income can be above the $178.7 million delivered in February this 12 months.

Ohio’s casinos and racinos have damaged the yearly report 9 out of the final 10 years, stories Cleveland.com. The one 12 months they didn’t was 2020 amid the COVID-19 pandemic and associated restrictions. Earlier than the pandemic, the report for March was $184.2 million, set in 2019.

MGM Northfield Park racino

By way of statewide on line casino income, most corresponded to fit income ($65 million), whereas desk income was $28.3 million. JACK Cleveland On line casino positioned first amongst all venues, at $24.5 million, adopted by Hollywood Columbus ($23.4 million), Arduous Rock Cincinnati ($22.9 million) and Hollywood Toledo ($22.5 million). Each JACK Cleveland and Arduous Rock Cincinnati posted income up from March 2021, whereas Hollywood Toledo and Hollywood Columbus skilled minor drops.

Racinos posted statewide income of $123 million, barely beneath the $124.2 million delivered in March 2021. MGM Northfield Park positioned first at $26.1 million in income (above $25.3 million the prior 12 months), adopted by Eldorado Scioto Downs ($21.7 million) and Miami Valley Gaming ($20.3 million).

In the meantime, JACK Thistledown Racino delivered $17.5 million in income, whereas Hollywood Mahoning Valley posted $14.4 million, Hollywood Dayton took in $14.3 million, and Belterra Park posted $8.6 million.

Hollywood Toledo

Cleveland-based gaming and hospitality firm JACK Leisure, which positioned first amongst casinos with its JACK Cleveland On line casino venue, introduced final week the launch of its betJACK on-line and cell sportsbook. Nevertheless, in anticipation of Ohio’s sports activities gaming market launch, the platform has made its debut as a free-to-play guide: prospects can guess on sporting occasions, however solely with free tokens and no cash concerned.

The product is about to permit Ohio bettors to apply without cost whereas the Buckeye State finalizes the launch of its real-money sports activities betting market. The launch remains to be deliberate for late 2022, with the state on tempo to start sports activities gaming earlier than January 1, 2023, as mandated by the sports activities invoice accredited in December final 12 months.

The Ohio On line casino Management Fee unanimously accredited a second spherical of sports activities betting guidelines in March. The algorithm -there shall be a complete of 5 rounds- lay out particulars for sort A and sort B licenses and license charges. They have been subsequently filed with the Ohio CSI after a fee assembly ended.

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