Tag: horse racing

10

Jun2013

Racinos Break Ground

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Last week, groundbreaking ceremonies for Penn National Gaming racinos in Dayton and Austintown took place. Both racinos are expected to open mid-2014. The Dayton racino will have 1,500 VLTs and a 5/8-mile harness racetrack. The Austintown racino will have 1,500 VLTs and a 1-mile thoroughbred track. Each racino will offer ... Read More
June 10, 2013ogadmin

17

May2013

VLT Appeal

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Last year a Franklin County Common Pleas judge found that Ohio Roundtable had no legal standing to challenge the constitutionality of VLTs at Ohio’s horse racing tracks. In March of this year, the 10th District Court of Appeals upheld that decision. Now Ohio Roundtable is taking their argument to the ... Read More
May 17, 2013ogadmin

08

May2013
Ohio’s four casinos and one established racino all experienced deep declines in revenue for the month of April. Horseshoe Cleveland experienced the steepest decline, dropping 18.8% to $19.89 million, from March. Part of that decline may be due to the opening of the state’s second racino at Thistledown, which took in ... Read More
May 8, 2013ogadmin

07

May2013
The Ohio State Racing Commission has approved the license transfers for Penn National Gaming to relocate its horse racing tracks at Beulah Park in Grove City to Austintown and Raceway Park in Toledo to Dayton. The issue over seating was resolved when the racing commission accepted Penn National Gaming’s latest proposal. ... Read More
May 7, 2013ogadmin

01

May2013
Penn National Gaming presented their fourth plan for the Austintown Racino to the Ohio State Racing Commission. Construction has been stopped over seating concerns.  The latest proposal is in two phases with an option for a possible third phase. The first phase would have 513 indoor seats with table service and ... Read More
May 1, 2013ogadmin

30

Apr2013

Pennsylvania Casinos

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Ohio’s casinos appear to also be having an impact on Pennsylvania gaming establishments. In 2011, PA was second only to Vegas as a gambling mecca with revenues just above $3 billion. In 2012, PA gambling revenues increased to $3.2 billion. So far in 2013, slot machine revenues have dropped three ... Read More
April 30, 2013ogadmin

16

Apr2013

Thistledown Racino

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Ohio’s second racino opened on April 9. Opening day attracted more than 2,100 visitors. Thistledown offers 1,150 VLTs, live entertainment, specialty restaurants and bars. Live horse racing returns April 19, although simulcast wagering is available year round. Thistledown will be open 24 hours and offers free parking. It remains to be ... Read More
April 16, 2013ogadmin

16

Apr2013

Casino Revenues

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Ohio’s three established casinos all posted double digit increases in revenue for March. Hollywood Columbus had adjusted gross revenue (AGR) of $20.9 million, a 13.3% increase over February. Hollywood Toledo saw revenues of $17.8 million, a 20.9% increase. Horseshoe Cleveland was up 11.1% to $24.5 million. The new Horseshoe Cincinnati ... Read More
April 16, 2013ogadmin

15

Apr2013

Racino Delays

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The Ohio Senate Committee on Workforce and Economic Development held informal meetings in Dayton and Austintown. The committee is looking at the financial impact that a delay in construction would have on the local economy. In Dayton, city officials, business owners and members of construction trades voiced their concerns over lost ... Read More
April 15, 2013ogadmin

04

Apr2013

Austintown Racino

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The township trustee chairman is frustrated with the Ohio State Racing Commission and their insistence on more indoor seating at the Austintown racetrack. He has asked for an audience with Governor Kasich. The Governor’s spokesman has stated that Kasich will not get involved. The trustee chairman is upset with the whole ... Read More
April 4, 2013ogadmin