Tag: horse racing

20

Jan2014

2013 Revenues

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For the year, Ohio’s four casinos and four racinos generated combined revenues of $1.07 billion. In 2009, an Ohio Department of Taxation study estimated total revenues of $1.4 billion once all eleven facilities were up and running. Currently eight are open with three more racinos due to open in 2014. Surrounding ... Read More
January 20, 2014ogadmin

02

Jan2014

Two More Racinos Open

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The Hard Rock Rocksino at Northfield Park and the Miami Valley Gaming racino near Cincinnati opened their doors this week. The Hard Rock Rocksino contains 2,242 VLTs, a Hard Rock Café, 1,800-seat concert venue, 320-seat comedy club and three eateries. Miami Valley Gaming contains 1,600 VLTs and four eateries. Harness ... Read More
January 2, 2014ogadmin

02

Jan2014
Penn National Gaming and the Ohio Horsemen’s Benevolent and Protective Association have reached a tentative agreement over the number of stalls to be built at the new Austintown racino. Originally, Penn National Gaming was going to build 760 stalls. The horse owners group wanted closer to 1,000. The tentative agreement ... Read More
January 2, 2014ogadmin

27

Nov2013
The Ohio State Racing Commission has delayed its vote on setting race dates for the Austintown racino. The issue is over the number of stalls to be built. Penn National Gaming has stated they plan on initially building 760 stalls. The racing commission thinks at least 1,000 are needed. Penn ... Read More
November 27, 2013ogadmin

26

Nov2013

Racino News

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The Hard Rock Rocksino in Northfield is scheduled to open on December 18. River Downs racino in Cincinnati is scheduled to reopen May 1 with 1,600 VLTs. But they will reopen as the Belterra Park Gaming & Entertainment Center. And finally Miami Valley Gaming, the former Lebanon Raceway near Dayton, will open ... Read More
November 26, 2013ogadmin

13

Aug2013

Best Odds

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Looking for the best venue to play the slots? In July, that would have been the Horseshoe Cleveland casino, which is a complete reversal from being the toughest. Payouts at Horseshoe Cleveland in July were 93.07 cents for every dollar played, highest since the casino opened. Horseshoe Cincinnati was next ... Read More
August 13, 2013ogadmin

07

Aug2013

VLT Appeal

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The Ohio Supreme Court has agreed to hear the case challenging the legality of Ohio’s racinos. Last year a Franklin County trial court judge ruled Ohio Roundtable had no legal standing to challenge the constitutionality of VLTs at Ohio’s horse racing tracks. Earlier this year, the 10th District Court of ... Read More
August 7, 2013ogadmin

07

Aug2013

Racinos

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Penn National Gaming has announced that when the Austintown and Dayton racinos open in 2014, they will do so with fewer VLTs than had originally been planned. The original plans called for 1,500 VLTs at each location. Instead they will open with 1,000 VLTs. Penn National Gaming admitted that lower ... Read More
August 7, 2013ogadmin

11

Jun2013

Casino Revenues

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May was a mixed bag with two casinos showing increases and two showing decreases in revenues. Horseshoe Cleveland saw an increase of less than 1% from April, with revenues of slightly over $20 million. Horseshoe Cincinnati, the newest casino, had revenues of $19.6 million, a 10% increase over April. Hollywood ... Read More
June 11, 2013ogadmin

11

Jun2013

Warren County Racino

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The Miami Valley Gaming & Racing racino, being built along I-75, is planning to open in December. The racino will feature a 5/8 mile harness racing track and 2,500 VLTs. This is a joint venture between Churchill Downs and Delaware North Cos. Gaming & Entertainment.
June 11, 2013ogadmin