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
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Contact Us 14
Mar2013
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
March 14, 2013ogadmin
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
February 18, 2013ogadmin
11
Feb2013
Located in Stark County, Perry Township became the latest to enact fees against café owners in an attempt to curtail the number of establishments in their community. The Board of Trustees recommended amending the township zoning resolution. The amendment defines what is an Internet café and recommends café owners be ... Read More
February 11, 2013ogadmin
11
Feb2013
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
February 11, 2013ogadmin
08
Feb2013
Legislation that died on the Senate floor at the end of 2012 because lawmakers ran out of time to consider the bill has been reintroduced in this current legislative session. HB 7 is virtually the same bill that didn’t make it last year. HB 7 would virtually shut down these ... Read More
February 8, 2013ogadmin
08
Feb2013
Due to customer demand, the Hollywood Casino will be removing 500 slot machines and adding 6 poker tables. Columbus becomes the second casino to reduce its slot machines. Recently Cleveland removed 230 slot machines.
This comes on the heels of lower than expected revenues. The average revenue in December per slot ... Read More
February 8, 2013ogadmin
08
Feb2013
The Dayton City Commission unanimously approved Penn National’s development plans to build a racino at the site of a former Delphi plant. There will be a harness track, 600-seat grandstand and 1,500 VLTs. Construction is expected to begin in the spring and open in the second quarter of 2014.
Hurdles still ... Read More
February 8, 2013ogadmin
21
Jan2013
Oral arguments were heard in the 10th District Court of Appeals of Ohio on the appeal of the VLT lawsuit that was dismissed last year by a Franklin County Common Pleas judge. The lawsuit challenged the constitutionality of Ohio’s casinos and VLTs at the racetracks. The judge ruled the plaintiffs ... Read More
January 21, 2013ogadmin
21
Jan2013
Northfield Park has finally submitted its application to the Ohio Lottery Commission for its racino. Hard Rock International, a partner of the track, still has paperwork to submit before the commission can begin its initial review. The initial review should take about 30 days. After the initial review and receipt ... Read More
January 21, 2013ogadmin