ogadmin

14

Jun2019
Hard Rock International and VICI Properties have agreed to purchase the JACK Cincinnati casino and Turfway Park for $780 million. Hard Rock, which will run operations at both establishments, will buy JACK Cincinnati. VICI Properties will buy Turfway Park, which is located in Florence, KY. VICI will enter into a ... Read More
June 14, 2019ogadmin

18

Apr2019
Sweepstakes cafes were all the rage in the early 2010s. A law enacted in 2013 seemingly put them out of business by banning cash prizes. 2013 and 2014 saw a statewide crackdown on these illegal gambling establishments. In 2014 the Ohio General Assembly gave the Ohio Casino Control Commission (OCCC) ... Read More
April 18, 2019ogadmin

08

Apr2019
In July 2018, Federal law enforcement and the Ohio Casino Control Commission executed a number of search warrants in Stark County. Sixteen individuals and eight businesses were accused of illegal gambling. Now it appears the Feds are looking to cash in on those raids. The U.S. Attorney for the Northern District ... Read More
April 8, 2019ogadmin

04

Apr2019
Name change was effective April 1. MGM Resorts International purchased the operating assets of Hard Rock from its sister company MGM Growth Properties, which purchased Hard Rock in 2018 for $1 billion. This is the largest racino in Ohio. Facilities also underwent name changes. The Hard Rock Café is now the TAP ... Read More
April 4, 2019ogadmin

18

Mar2019
All eleven of Ohio’s gambling establishments experienced revenue increases over February, 2018. Among the casinos, Hollywood Columbus led the way with revenue of $19.1 million, a 2.7% increase from a year ago. JACK Cincinnati experienced the greatest increase. Revenue of $17.8 million was a 4.7% increase. JACK Cleveland was up 4.3% ... Read More
March 18, 2019ogadmin

12

Feb2019
The Ohio Casino Control Commission has released a first draft of proposed rules for fantasy sports contests. Former Governor John Kasich signed into law HB132, a bill that clarifies the legality of such contests and grants the OCCC authority over the industry. The bill also ordered the OCCC to adopt ... Read More
February 12, 2019ogadmin

07

Feb2019

Show Me the Money

/ Casino
A Dayton Daily News investigation has compared 2009 campaign promises with today’s reality. Among its findings: Casino advocates predicted annual revenues of $1.9 billion before taxes. That figure was adjusted to $1.4 billion after VLT’s were allowed at seven Ohio horse racing tracks. In 2017 (latest year for the investigation), ... Read More
February 7, 2019ogadmin

04

Feb2019
2018 was another record year for revenues generated by Ohio’s eleven gambling establishments. The $1.86 billion was a 4% increase over 2017’s $1.78 billion. Since the first casino opened in 2012, a new revenue record has been set each year. The four casinos generated revenues of $837 million, a 2.3% increase ... Read More
February 4, 2019ogadmin

20

Dec2018

Casino News

/ Casino
The Hard Rock Rocksino will be renamed in 2019 after MGM takes over operation. No word on what the new name will be. In July, MGM purchased Hard Rock for $1 billion. JACK Entertainment, which owns and operates two casinos and a racino in Ohio, has sold its Detroit Greektown casino for $1 ... Read More
December 20, 2018ogadmin

17

Dec2018

Another Raid

/ Other Gaming
Law enforcement seized illegal slot machines, cash and documents from multiple businesses, all owned by the same individual, in Brown and Clermont counties in southwestern Ohio. In all, twenty five illegal slot machines were disabled.
December 17, 2018ogadmin