Overall, casino revenues in 2016 dropped nearly 2% from the previous year. Only Hollywood Columbus showed an increase ($213.5 million, up 1.5%). This was the first time that Hollywood Columbus has topped the annual casino revenue charts. JACK Cleveland, formerly Horseshoe Cleveland, experienced the largest decrease ($203.6 million, down 4.3%), but had been the annual leader every year since opening in 2012. JACK Cincinnati was down 3.7% ($189.3 million) and Hollywood Toledo dipped slightly from a year ago, 0.6% ($191.6 million).
JACK Cleveland has seen a 32% decline in December revenues over the past four years. In 2012, the year the casino opened, revenue was $24.4 million. In 2016, revenue was $16.5 million. In 2012, the casino was the only gambling establishment in northeast Ohio. Today, three racinos are also in the area.
On the other hand, the state’s seven racinos experienced healthy increases over the year. Statewide, revenues were up 7% over 2015. Hard Rock Northfield Park saw the greatest increase ($225.1 million, up 16.9%). Close behind was Belterra Park ($78 million, up 16.4%). JACK Thistledown had revenue of $113.5 million, a 14.6% increase over a year ago. Miami Valley Gaming’s revenue of $137.4 million was up 11.1%, Hollywood Mahoning ($99.9 million) was up 8.4%, Scioto Downs ($149.8 million) was up 7% and Hollywood Dayton ($89.7 million) was up 4.4%.