Horseshoe Cincinnati #1

Horseshoe Cincinnati #1

The greater Cincinnati area is one of the most competitive gambling markets in the state, with seven gambling facilities. Hollywood Lawrenceburg, located in Indiana, has dominated the area for years, routinely taking in two thirds of the market’s gambling dollars. But in 2014, Horseshoe Cincinnati, with revenues of $197.6 million, took over the top spot in the area, with 30% of the gambling dollars. Hollywood Lawrenceburg slipped to second, with revenues of $185.8 million and 27% of the gambling dollars. Miami Valley Gaming, which opened in December 2013 is now the #3 gambling destination in the greater Cincinnati area. Belterra Casino Resort in Florence, KY and Rising Star Casino Resort in Indiana saw sharp declines in revenue of 13.8% and 26.3% respectively in 2014.  Perhaps as a result, the parent company of Rising Star hired a new CEO.

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