Casino Revenues

Casino Revenues

May was a mixed bag with two casinos showing increases and two showing decreases in revenues. Horseshoe Cleveland saw an increase of less than 1% from April, with revenues of slightly over $20 million. Horseshoe Cincinnati, the newest casino, had revenues of $19.6 million, a 10% increase over April. Hollywood Columbus had the largest decline, with revenues of $16.7 million, a 7% decrease from April and Hollywood Toledo dipped 4% to $15.7 million.

The racino at Scioto Downs is faring the best. For May, revenues from VLTs increased 2% from April to $11.6 million. In its one year of existence, Scioto Downs has paid the Ohio Lottery Commission $37 million, 23% higher than original projections.

VLTs at the racino at Thistledown generated $11 million in revenues in its first full month of operation. Thistledown opened April 9 and had revenues of $7.9 million for the first 21 days.

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