ogadmin

20

Apr2015
Ohio's eleven gambling establishments, four casinos and seven racinos, had a record-breaking month with combined revenues of $145.6 million. The previous high was $135.4 million last December. But casino revenues were down from a year ago. The sharpest decline was Horseshoe Cincinnati. Revenues of $17.5 million represented a 13.2 percent ... Read More
April 20, 2015ogadmin

18

Mar2015
A 159-count indictment against eight individuals and two businesses has been unsealed in Cuyahoga County. Charges included racketeering for distributing illegal video slot machines to bars across the state, primarily in Cuyahoga, Ashtabula, Ashland, Lake and Wayne counties. According to the office of the Cuyahoga County Prosecutor, those indicted profited ... Read More
March 18, 2015ogadmin

16

Mar2015
Rock Ohio Ventures redeemed a 20 percent minority interest held by one of Caesars subsidiaries and now owns 100 percent of Horseshoe Cleveland, Horseshoe Cincinnati, and Thistledown racino. According to Rock Ohio's CEO, nothing changes for customers. Caesars will still manage the facilities. The properties will still be part of ... Read More
March 16, 2015ogadmin

12

Mar2015
Three of Ohio's four casinos showed a decline in revenues from a year ago, but overall, gambling revenues were up slightly (1.1 percent). Horseshoe Cleveland was the only casino with increased revenues from a year ago, up 14.7 percent, to $20.1 million. Horseshoe Cincinnati, with revenues of $15.6 million, declined ... Read More
March 12, 2015ogadmin

02

Mar2015
The Ohio Casino Control Commission (OCCC) has approved a decrease in license renewal fees for casino employees. Currently an employee pays $546 in renewal fees: $250 for the application, $250 for the license and $46 for a background check. The OCCC dropped the fee to $196: $100 for the application, $50 for ... Read More
March 2, 2015ogadmin

02

Mar2015
A Wisconsin distributor, 8 Line Supply, has pled guilty in Cuyahoga County Court of Common Pleas to gambling related charges. The company had sold more than 23,000 illegal video slot machines to businesses throughout Ohio at an estimated cost of $2.7 million. In addition to the guilty plea, the company must surrender ... Read More
March 2, 2015ogadmin

26

Feb2015
The Ohio Lottery’s next generation machines have not yet had the intended impact as far as revenues go. These machines were offered to the veterans and fraternal organizations by the Ohio Lottery Commission as an alternative while the courts decide the fate of the video raffle machines long used by these ... Read More
February 26, 2015ogadmin

24

Feb2015

January Revenues Up

/ Casino
Revenues at three of Ohio’s four casinos were up from a year ago. Hollywood Toledo led the way with a 24.2 percent increase over January 2014 ($14.3 million). Hollywood Columbus had the highest revenue for the month. The $17.9 million was a 17 percent increase over last year. This was also the third time ... Read More
February 24, 2015ogadmin

11

Feb2015

Video Raffle Machines

/ Lottery
While awaiting a decision from a lawsuit filed in Franklin County, video raffle machines continue to operate at veterans and fraternal organizations. Attorney General Mike DeWine’s position is that these machines are illegal gambling. Last week, the Ohio Veterans and Fraternal Charitable Coalition announced these machines have raised $12 million. Half ... Read More
February 11, 2015ogadmin

09

Feb2015

Court Date Set

/ Lottery
The Ohio Supreme Court will hear oral arguments on the constitutionality of Ohio’s video lottery terminals on June 23. Ohio Roundtable filed the lawsuit, claiming that Governor John Kasich overstepped his authority by allowing VLT’s at Ohio’s seven horse racing tracks without voter approval. The case was filed in 2013, ... Read More
February 9, 2015ogadmin