Racetrack Profits Tank in 2006

Racetrack Profits Tank in 2006

An article in the Columbus Dispatch states that Scioto Downs reported a $4,400,000.00 loss in 2006. The story notes that the racetrack spent $3,100,000.00 on last year’s failed ballot initiative to bring slot wagering to Ohio’s tracks. Scioto’s parent company, MTR Gaming, stated that revenues continue to fall because of low betting activity, and that MTR continues to examine possible ways to improve profitability, including other forms of gambling.

/ Lottery