Revenues Plunge in November

Revenues Plunge in November

Every gambling establishment that was open a year ago (4 casinos and 2 racinos) experienced revenue declines in November. Hollywood Columbus had the smallest decline, $16.8 million which was down from $17.5 million a year ago, a 4.1% decrease. Hollywood Toledo had the next smallest decline with revenues of $14 million, down from $14.8 million a year ago, a 5.5% decrease. Horseshoe Cincinnati had revenues of $15.8 million which was down from $17.6 million of a year ago, a 10% decline. Horseshoe Cleveland had the most precipitous drop. Revenues of $16.2 million were down from $20.2 million of a year ago, a 20% drop.

The only racinos open in November of 2013 were Scioto Downs and Thistledown. Scioto Downs had November revenues of $10.3 million, an 8.8% decline from last year’s $11.3 million. Thistledown meanwhile skidded from $13.3 million in 2013 to $8.9 million this year, a 32.8% decline.

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