Tag: racino

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

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

12

Jun2018
Depends on who you ask. Eilers & Krejcik Gaming is an outfit that tracks gambling legislation nationwide. They believe Ohio is one of 11 states that has a good chance of enacting sports gambling legislation. A report on ESPN has Ohio in the “no legislation activity yet” category, but Eilers ... Read More

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

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

05

Dec2017
Casino employees are now allowed to gamble in casinos where they don’t work. They have always been allowed to gamble in racinos. Racino employees could always gamble at casinos or other racinos. The rule against casino employees gambling has been in effect since Ohio legalized casinos. However, according to a bill ... Read More

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

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

04

Dec2015

Name Game

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Rock Gaming is taking over operations of Horseshoe Cleveland, Horseshoe Cincinnati and Thistledown Racino from Caesars Entertainment. New names haven’t been determined. Everything should be transitioned by mid-2016.

30

Nov2015
All four casinos had increased revenues from a year ago. Horseshoe Cincinnati led the way.  Revenues of $16 million represented a 15% increase over last year. Hollywood Toledo ($15.6 million) was up 2% and Horseshoe Cleveland ($17.9 million) was up 4%. Hollywood Columbus at $17.2 million was about the same ... Read More