Nine of Ohio’s eleven gambling institutions saw an increase in revenue over November of 2017. Hollywood Columbus led the way among the casinos. The $18.5 million in revenue was a 5.1% increase over November of 2017. The JACK casinos also saw revenue increases from a year ago. JACK Cleveland, $17.4 million, 2.9% increase; and ...
December 13, 2018ogadmin
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 ...
October 23, 2018ogadmin
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 ...
October 18, 2018ogadmin
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 ...
October 16, 2018ogadmin
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 ...
October 11, 2018ogadmin
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 ...
October 8, 2018ogadmin
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 ...
September 13, 2018ogadmin
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 ...
September 10, 2018ogadmin
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 ...
September 6, 2018ogadmin
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 ...
August 8, 2018ogadmin