ogadmin

22

Jul2014
Earlier this year the state Controlling Board had unanimously approved the purchase of 1,200 ‘next generation’ gaming machines for use at VFW posts and fraternal lodges.  This was seen as a legal solution to Attorney General Mike DeWine’s opinion that existing video raffle machines were illegal gambling.  VFW and fraternal ... Read More
July 22, 2014ogadmin

25

Jun2014

Argosy Purchased

/ Casino
Penn National Gaming, Inc. has agreed to be purchased by Fortress Investment Group, LLC., according to an article in the Cincinnati Post. Penn National operates several casinos across the United States, including the Argosy in Lawrenceburg, Indiana - just across the river from Ohio. According to the article, Fortress offered ... Read More
June 25, 2014ogadmin

22

Apr2014
The Ohio State Racing Commission issued a racing permit and approved Penn National Gaming’s 2014 race dates for the Hollywood Gaming at Mahoning Valley Race Course. The racing permit was required to allow the racino to operate VLTs. Live thoroughbred racing will begin November 24th. There will be 21 live ... Read More
April 22, 2014ogadmin

22

Apr2014

March Revenues Up

/ Casino
For the second consecutive month, revenues were up at all 8 of Ohio’s gambling venues. A longer month and an extra weekend most likely played a role in double-digit increases in 7 of the 8 venues. Horseshoe Cincinnati showed the biggest increase among the casinos. The $20.16 million represented a 22% ... Read More
April 22, 2014ogadmin

21

Apr2014
The Columbus casino became the last of Ohio’s four casinos to be fined by the Ohio Casino Control Commission. As part of a settlement between the casino and the OCCC, Hollywood Columbus was fined $75,000 for failing to maintain proper credit files and violating state law on how credit is ... Read More
April 21, 2014ogadmin

21

Apr2014
Willoughby Hills, a city in northeast Ohio near Cleveland, is considering a business model proposed by attorneys for Internet cafes. Under this model, a person selects a game to play and then pushes a button that will tell them if they will win or lose. Since the outcome is projected ... Read More
April 21, 2014ogadmin

19

Mar2014
HB 472 (Governor Kasich’s mid-biennium budget review) has been introduced. In it, Kasich seeks further regulation of skill-game arcades. Internet cafes were essentially shut down last year, but are beginning to reappear as ‘skill game’ arcades, which are electronic slot machines illegally paying out cash prizes. HB 472 attempts to tighten the ... Read More
March 19, 2014ogadmin

12

Mar2014
The state Controlling Board unanimously approved the purchase of 1,200 ‘next generation’ gaming machines for use at VFW posts and fraternal organizations. The total cost would be $22.5 million over the next 2 years. Intralot would build the machines and receive 1.83% of all wagers to service the machines. The Ohio ... Read More
March 12, 2014ogadmin

12

Mar2014
Penn National Gaming and the Ohio Horsemen’s Benevolent and Protective Association formally signed an agreement that “covers all aspects of thoroughbred racing” at Hollywood Gaming in Austintown, according to a Penn National Gaming news release. As expected, there will be 988 stalls constructed in 13 barns. Other points of the ... Read More
March 12, 2014ogadmin

11

Mar2014
Before Thistledown opened last year, an agreement was reached with the Governor’s office that would allow the track to be moved to the Akron-Canton area within 12 miles of the city of Green. By law, that decision must be reached by June.
March 11, 2014ogadmin