Tag: casinos

24

Apr2013
The current home of Horseshoe Cleveland, in the Higbee Building in downtown Cleveland, was supposed to be temporary until the Phase 2 casino was built on the riverfront. Now there are rumors of Dan Gilbert, owner of Rock Ohio Caesars, which operates the Cleveland casino, looking to buy the Higbee Building ... Read More

24

Apr2013
Scioto Downs is the place with the best odds for gamblers with a payout percentage of 91.6. Horseshoe Cincinnati is the lowest at 89.3%. Hollywood Columbus was 91.4%, Hollywood Toledo was 91.2% and Horseshoe Cleveland was 90.2%.

24

Apr2013
Horseshoe Cleveland was fined $180,000 by the Ohio Casino Control Commission for violations of state gambling rules. Among the violations were the mishandling of keys, failure to put problem gambling hotline information on advertisements, use of unapproved dice, substituting quarters for chips, allowing cocktail waitresses to enter restricted areas and ... Read More

16

Apr2013

Casino Revenues

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Ohio’s three established casinos all posted double digit increases in revenue for March. Hollywood Columbus had adjusted gross revenue (AGR) of $20.9 million, a 13.3% increase over February. Hollywood Toledo saw revenues of $17.8 million, a 20.9% increase. Horseshoe Cleveland was up 11.1% to $24.5 million. The new Horseshoe Cincinnati ... Read More

15

Apr2013
Tired of waiting on state legislators, Ohio Attorney General Mike DeWine has said he will work with local law enforcement to take legal action to shut down Internet cafes statewide. This comes after the chairman for the State Government Oversight & Reform Committee indicated he hopes to pass legislation by ... Read More

14

Mar2013
Horseshoe Cincinnati became the fourth and final voter approved casino to open its doors. Opening night on March 4 saw an estimated crowd of 5,000 walk through the casino doors. Previously, officials had estimated 6,000 would show up. The Cincinnati casino has nearly 2,000 slots, 87 table games and 31 ... Read More

14

Mar2013

Casino Shortcomings

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Ohio’s casino revenues are well below what was projected to voters in 2009. Gross revenues are expected to fall short some $904 million over the two-year state budget period. While there is no definitive answer for why, there are many who blame the Internet cafes. There is no data to ... Read More

14

Mar2013

Casino Revenues

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The casinos in Cleveland, Columbus and Toledo all experienced revenue increases in February. For Hollywood Columbus, revenues increased 1.2% over January to $18.5 million. Hollywood Toledo revenues were up 3.3% to $14.8 million. Horseshoe Cleveland saw the biggest increase, 7% to $22.1 million. Since its first full month of operation ... Read More

18

Feb2013
The Ohio Casino Control Commission has unanimously approved a gambling license for the Cincinnati Horseshoe Casino, the fourth and final casino approved by voters in 2009. The license was granted despite concerns about the financial condition of Caesars Entertainment, management company of the Cincinnati and Cleveland casinos. Caesars has $22 ... Read More

11

Feb2013

Casino Revenues

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Adjusted gross revenue increased in January at the Columbus and Toledo casinos, but experienced a significant drop-off at the Cleveland casino. For Hollywood Columbus, the AGI was up nearly 2%, to $18.26 million. The Hollywood Toledo AGI was up slightly to $14.2 million, a .7% increase. And the Horseshoe Cleveland AGI ... Read More