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23

Oct2018

Penn National Acquires Pinnacle Entertainment

/ Casino
The Federal Trade Commission has approved a $2.8 billion merger between Penn National Gaming and Pinnacle Entertainment Inc. Penn National owns and operates two casinos (Hollywood Columbus and Hollywood Toledo) and two racinos (Hollywood Mahoning Valley and Hollywood Dayton) in Ohio. Pinnacle Entertainment owns and operates a racino (Belterra Park) in Ohio. As ... Read More

18

Oct2018

September Casino Revenues Down, Racino Revenues Up

/ Casino
Ohio’s four casinos saw revenues dip slightly (0.9%) in September, 2018, compared to September, 2017. Meanwhile, the state’s seven racinos experienced an 8.1% increase in revenues over September, 2017. Hollywood Columbus again led the casinos in total revenues with $17.4 million, a 1% decline over September of last year. Jack Cleveland had revenues ... Read More

16

Oct2018

Internet Café Sting in Northeastern Ohio

/ Other Gaming
As part of an ongoing investigation into illegal gambling in Ohio, the Ohio Casino Control Commission and local law enforcement executed dozens of search and seizure warrants in Summit, Cuyahoga, Lorain, Erie, Stark and Ottawa counties. Ten secret indictments were unsealed. All of the individuals were indicted on charges of engaging in ... Read More

11

Oct2018

MGM Will Operate Hard Rock Rocksino

/ Casino
In July, MGM Properties purchased Hard Rock Rocksino, Ohio’s top gambling revenue generator, for $1 billion. Up until now, the Rocksino team stayed on to operate the facility. But beginning sometime in 2019 MGM Resorts will take over operation of the facility and employment of the workers. No word on if there ... Read More

08

Oct2018

JACK Entertainment for Sale?

/ Casino
It has been rumored that Dan Gilbert, founder of Jack Entertainment, is looking to get out of the casino business. Jack Entertainment owns the Jack Cleveland and Jack Cincinnati casinos in Ohio, as well as the Jack Thistledown racino. They also operate the Greektown Casino-Hotel in Detroit, have an ownership ... Read More

13

Sep2018

Sports Gambling Not Likely in Ohio in 2018

/ Other Gaming
Ohio Senate President Larry Obhof doesn’t believe that sports betting will become legal in Ohio in 2018. He has indicated that SB 316 and HB 714, placeholder bills for legalized sports gambling, will not go to committee until after the November elections. Obhof is also not so sure the legislature ... Read More

10

Sep2018

More Raids on Gambling Parlors

/ Other Gaming
The Ohio Casino Control Commission and the Ohio Department of Taxation Investigations Division worked with 25 agencies across northern Ohio to “determine the nature and extent of criminal activity.” Search and seizure warrants were executed in Cuyahoga, Erie, Lorain, Ottawa, Summit and Stark counties. It’s unclear if any arrests were ... Read More

06

Sep2018

Casino Revenues Dip in July

/ Casino
Ohio’s four casinos generated $69.7 million in July, down slightly from last year’s July total of $69.9 million. Hollywood Columbus led the way. $19.4 million in revenues was 4% higher than a year ago. Jack Cincinnati checked in with revenues of $17.1 million, a 3% increase. Hollywood Toledo’s $17.2 million was ... Read More

08

Aug2018

Sports Betting Bill in Ohio Introduced

/ Other Gaming
Senate Bill 316 has been introduced by Senators John Eklund and Sean O’Brien. The bill offers no detail on the whats or wheres, it simply states that this is a bill “to express the intent of the General Assembly to develop and enact legislation legalizing sports wagering.” Feedback from interested parties will ... Read More

02

Aug2018

Law Enforcement Sweep in Stark County

/ Skill-Based Amusement Machines
Federal law enforcement and the Ohio Casino Control Commission executed an undisclosed number of search warrants in Stark County. Their focus was on skill game parlors, as July 22nd was the deadline for registering all key employees, operators, vendors and locations of type B and C skill games with the OCCC. Type-B games ... Read More