ogadmin

11

Mar2014
All eight gambling venues (4 casinos and 4 racinos) saw an increase in February’s revenue over January’s revenue. Weather was most likely a factor for the increase given that some venues were forced to close for a few days in January. Hollywood Toledo had the biggest increase. Revenues of $15.28 million ... Read More
March 11, 2014ogadmin

10

Mar2014
It appears the biggest hurdle facing the opening of the Austintown racino has been cleared. Penn National Gaming and the Ohio Horsemen’s Benevolent and Protective Association (OHBPA) have been at odds over the number of stalls. Penn National Gaming wanted 760 stalls. OHBPA was thinking closer to 1,000 stalls. Both ... Read More
March 10, 2014ogadmin

07

Mar2014
The Ohio Lottery Commission has come up with another proposal for electronic gaming at VFW posts and fraternal organizations. The commission’s first proposal offered to install their ‘next generation’ gaming machines. That offer was turned down by veterans and fraternal organizations because they would only receive 25% of the proceeds ... Read More
March 7, 2014ogadmin

07

Mar2014
HB 7 essentially shut down Internet cafes last year. Now it appears these sweepstakes cafes are reappearing as skill games, which are also illegal depending on the machine operating software and how payouts are awarded. Skill games were essentially shut down in 2007 when all cash payouts were banned and ... Read More
March 7, 2014ogadmin

06

Mar2014
Horseshoe Cincinnati has been fined $75,000 by the Ohio Casino Control Commission for failing to keep complete credit files and violating state law on how credit is issued.
March 6, 2014ogadmin

06

Mar2014
A patron at Horseshoe Cincinnati has filed a $500,000 lawsuit against the casino. He was playing craps and his $5 bet at 999-to-1 odds won, entitling him to $5,000. However, the casino refused to pay him. Turns out the patron was on the Indiana Voluntary Exclusion Program where he voluntarily ... Read More
March 6, 2014ogadmin

20

Jan2014

December Revenues

/ Casino
The chilly December temperatures had a chilling effect on all of Ohio’s gaming establishments. Horseshoe Cleveland had its lowest month of revenue since it opened in May 2012. The $18.2 million was down nearly 10% from November. Hollywood Toledo, with revenues of $14.2 million, was down about 4% from November. ... Read More
January 20, 2014ogadmin

20

Jan2014

2013 Revenues

/ Casino
For the year, Ohio’s four casinos and four racinos generated combined revenues of $1.07 billion. In 2009, an Ohio Department of Taxation study estimated total revenues of $1.4 billion once all eleven facilities were up and running. Currently eight are open with three more racinos due to open in 2014. Surrounding ... Read More
January 20, 2014ogadmin

17

Jan2014
Ohio Attorney General Mike DeWine further clarified his position on the Ohio Lottery’s proposal to supply VFW posts and fraternal organizations with ‘next generation’ lottery machines. DeWine claims the proposal is unconstitutional because the proceeds for education are not enough. Under the Ohio Lottery proposal, for each $100,000 in wagers ... Read More
January 17, 2014ogadmin

03

Jan2014
VFW posts and fraternal organizations will be allowed to continue operating electronic raffle machines, at least for the next several months. After HB 325, which would allow charitable video bingo games at veteran and fraternal organizations failed to pass before the legislature adjourned for the year, Ohio Attorney General Mike ... Read More
January 3, 2014ogadmin