Tag: revenue

31

Jul2018
For the fiscal year that just ended in June, Ohio’s seven racinos generated $987 million in revenue, a 6.1% increase over last year. Since 2015, racino revenue has grown each year, from $733 million in 2015 to $869 million in 2016 to last year’s $923 million. Hard Rock Rocksino has been the ... Read More
July 31, 2018ogadmin

19

Jun2018
Three of the state’s four casinos showed increased revenues from a year ago. All four declined in revenue from April. Hollywood Columbus ($18.6 million), Hollywood Toledo ($17.5 million) and Jack Cincinnati ($17.04 million) were all right around a 1% increase from a year ago. But Jack Cleveland’s 10.5% decrease nullified the ... Read More
June 19, 2018ogadmin

11

Jun2018

April Revenues

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Gambling revenues were up in all but one of the state’s eleven establishments in April as compared to a year ago. Jack Cleveland was the only casino to show a decline (-2%). Revenue of $17.2 million was also the lowest April total in the casino’s history. Hollywood Columbus led the way ... Read More
June 11, 2018ogadmin

05

Jan2018
The Cincinnati casino generated its most revenue since opening in 2013. Revenue of $198 million slightly surpassed the $197.8 million in 2014. Jack Cleveland was the only casino to experience a decline in revenue compared to 2016. Hollywood Columbus generated the most revenue among the casinos. Its $220.9 million was ... Read More
January 5, 2018ogadmin

01

Feb2017

Gambling by the Numbers

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The Columbus Dispatch analyzed gambling in Ohio for the period 2012-15. $62.9 billion was bet at Ohio’s legal gambling establishments with winning payouts totaling $53.3 billion, leaving $9.7 billion that people lost gambling. The casinos to date have generated over $1 billion in tax revenue. Ohio cities and counties have received over $660,000 ... Read More
February 1, 2017ogadmin

30

Jan2017
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 ... Read More
January 30, 2017ogadmin

22

Jun2016
Ohio’s four casinos all experienced revenue declines from a year ago while the seven racinos all had revenue increases. JACK Cleveland, which recently closed for 40 hours for their makeover, experienced the largest decline. Revenues of $16 million were down 15% from a year ago. Hollywood Columbus ($17.8 million) and Horseshoe Cincinnati ($16.2 ... Read More
June 22, 2016ogadmin

26

May2016
All eleven of Ohio’s gambling establishments experienced revenue gains over a year ago. Horseshoe Cincinnati experienced the greatest increase among the casinos. Revenues of $17.5 million were a 10.1% increase over last year. Hollywood Toledo was up 8.9%, with revenues of $18.2 million. Horseshoe Cleveland generated the highest revenue with $19.1 million, a 4.6% ... Read More
May 26, 2016ogadmin

18

Apr2016

Revenues Up in March

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Two of the four casinos and six of the seven racinos saw revenue increases over a year ago. Horseshoe Cleveland had the highest revenues among the casinos with $19.6 million. However, this was a 1% decline from a year ago. Hollywood Columbus, with revenues of $19 million, was up 4% from a ... Read More
April 18, 2016ogadmin

29

Feb2016
January saw Ohio’s four casinos experience a 1.1% increase in revenues over a year ago. Racino revenues were up 9.4%. Hollywood Toledo, which has been the most consistent performer among the casinos over the past several months, experienced the greatest increase. Its revenues of $15.3 million were a 6.8% increase over last year. The ... Read More
February 29, 2016ogadmin