ogadmin

21

Jan2013

Fines

/ Casino
Operators of Cleveland’s Horseshoe Casino were fined for violating Ohio Casino Control Commission regulations. This is the first time an operating company has been sanctioned. The casino will pay a $15,000 fine for using software not approved by the commission. The casino will also be required to have an employee ... Read More
January 21, 2013ogadmin

16

Jan2013

Warren County Racino

/ Lottery
A second racino in the Dayton area is nearing the start of construction. Miami Valley Gaming & Racing has completed its purchase of harness racing licenses from the Lebanon Trotting Club and Miami Valley Trotting. The Ohio State Racing Commission gave preliminary approval to relocating the Lebanon Raceway to a ... Read More
January 16, 2013ogadmin

16

Jan2013
Work has begun on the Hard Rock racino at Northfield Park. It is expected to open during the fourth quarter of this year. This is despite the fact Northfield Park is the only track that has yet to file its license application, which must be granted before the racino can ... Read More
January 16, 2013ogadmin

15

Jan2013

River Downs Racino

/ Lottery
Demolition of the existing River Downs facility is expected to begin soon, then rebuild and re-open as a racino in 2014. The Ohio Lottery Commission is reviewing Pinnacle Entertainment’s application to operate 1,600 VLTs. With the ongoing construction, the Ohio State Racing Commission is considering moving the 2013 River Downs summer ... Read More
January 15, 2013ogadmin

15

Jan2013

Austintown Racino

/ Lottery
The site for the new racetrack with VLT facilities is being cleared, but actual construction will not begin before March 2013. March is the earliest the Ohio State Racing Commission will consider Penn National’s license application. This is because of a proposed rule change that would codify the $75 million ... Read More
January 15, 2013ogadmin

14

Jan2013

Casino Revenues

/ Casino
December revenues at Ohio’s three casinos reversed earlier trends.  The Horseshoe Casino in Cleveland had seen revenues decline in every month since June, which was the first full month of operation. December revenues increased $4.1 million, a 20% increase from November.  The Hollywood Casino in Toledo had seen even more precipitous drops ... Read More
January 14, 2013ogadmin

18

Dec2012

Would-Be CFO Banned

/ Casino
In an agreement reached with the OCCC, Thomas Dillard III was barred from becoming CFO for Cleveland’s Horseshoe Casino and prohibited from working with any casino in Ohio for the next three years. Concerns about Dillard arose during the licensing process (reported in our April 24 article). Dillard’s North Carolina ... Read More
December 18, 2012ogadmin

18

Dec2012

Cincinnati Casino

/ Casino
The Ohio Casino Control Commission has approved an opening date of March 4, 2013, for the Cincinnati Horseshoe Casino. This is the fourth and final casino that was approved by voters in 2009. The Cincinnati casino is expected to employ approximately 1,700 people and will include 2,000 slot machines, 85 ... Read More
December 18, 2012ogadmin

12

Dec2012

Casino Revenues

/ Casino
Overall, casino revenues were up slightly in November, but that can be attributed to the Columbus casino’s first full month of operation. Revenues at the Toledo and Cleveland casinos, as well as the racino at Scioto Downs, continue to decline. For the Horseshoe Casino in Cleveland, the drop in adjusted gross ... Read More
December 12, 2012ogadmin

12

Dec2012

Internet Cafes

/ Other Gaming
HB 605 is not moving as quickly through the Senate as it did through the House. In fact, with the Senate hoping to wrap up business this week and a committee hearing not yet scheduled for HB 605, there is concern the bill might not be voted on during this ... Read More
December 12, 2012ogadmin