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11

Mar2016

Revenues Way Up in February

/ Casino
With the exception of Horseshoe Cleveland, all of Ohio’s casinos experienced double digit revenue gains over a year ago. Hollywood Columbus generated the highest revenue of the month, $18.8 million which was a 13.7% increase over a year ago. Horseshoe Cincinnati saw the greatest increase in revenues over a year ... Read More

10

Mar2016

Trademark Lawsuit

/ Other Gaming
Caesars Entertainment had filed for a trademark, “The Shoe,” to be used for entertainment services such as live concerts at the Horseshoe Cincinnati casino in 2013. The Ohio State University’s response was that “The Shoe” had referred to their football stadium since at least 1988. OSU went on to argue that Caesars ... Read More

08

Mar2016

License Renewed

/ Casino
The Ohio Casino Control Commission has approved a three year license renewal for the Horseshoe Cincinnati casino.

02

Mar2016

Daily Fantasy Sports

/ Other Gaming
Attorney Generals for Texas and Mississippi are the latest to rule that daily fantasy sports are a form of illegal gambling under their respective state laws. The Texas Attorney General, however, stated that the traditional season long fantasy games are legal as long as the “commissioner” doesn’t take a cut.

29

Feb2016

Casino Revenues Holding Steady

/ Casino
January saw Ohio’s four casinos experience a 1.1% increase in revenues over a year ago. Racino revenues were up 9.4%. Hollywood Toledo, which has been the most consistent performer among the casinos over the past several months, experienced the greatest increase. Its revenues of $15.3 million were a 6.8% increase over last year. The ... Read More

22

Jan2016

Raffle Machine Lawsuit

/ Other Gaming
In October of 2013, Ohio Attorney General Mike DeWine ordered the shutdown of electronic raffle machines at VFW posts and fraternal organizations, claiming the games were illegal gambling. Plaintiffs filed a lawsuit contending that the machines are a permissible form of charitable gaming. In December of 2013, a judge issued a temporary ... Read More

20

Jan2016

Legal Blotter

/ Other Gaming
After an investigation by the Ohio Attorney General’s office, a grand jury in Hocking County has indicted Marshal Lucas (aka Dancing Elk) and Jennifer Vance on charges of illegal gambling. In March of 2014, a search warrant was executed on the Red Door Internet Café/Casino. Charges against Lucas include: Seven charges of intentionally ... Read More

18

Jan2016

State of Gaming Regulations

/ Casino
The Ohio Legislature’s Joint Committee on Gaming and Wagering, which was created to study the gaming environment in Ohio, released a report addressing several issues. The issue drawing the most attention was Ohio’s practice of not taxing promotional spending at the casinos and racinos, which has amounted to $650 million since ... Read More

14

Jan2016

Weather Boosts Gambling Revenues

/ Casino
An unusually mild December helped increase revenues at 9 of Ohio’s 11 gaming facilities. Hollywood Toledo led the charge among the casinos - its December revenues of $16.8 million represented an 11.3% increase over last year. Hollywood Columbus revenues of $18.2 million were up 5.2%. Horseshoe Cincinnati saw its revenues ($17.7 million) increase 4%. Horseshoe ... Read More

29

Dec2015

FanDuel, DraftKings Update

/ Other Gaming
The ruckus over these daily fantasy sports contests started two months ago when an employee inadvertently released data before the week’s NFL games and then went on to win $350,000 on a rival website. With allegations of insider trading, the FBI opened an investigation. Lawsuits were filed across the country and ... Read More