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 ...
June 10, 2013ogadmin
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 ...
May 17, 2013ogadmin
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 ...
May 8, 2013ogadmin
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. ...
May 7, 2013ogadmin
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 ...
May 1, 2013ogadmin
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 ...
April 30, 2013ogadmin
Penn National Gaming has stopped work on racinos in Austintown and Dayton, as a result of the impasse with the state racing commission over additional indoor seating. Penn National Gaming claims the racing commission’s insistence on an additional 1,200 seats between the two sites is not in line with today’s type ...
April 24, 2013ogadmin
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 ...
April 16, 2013ogadmin
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 ...
April 16, 2013ogadmin
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 ...
April 15, 2013ogadmin