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28

Dec2015

November Revenues Up

/ Casino
Ten of Ohio’s eleven gambling venues saw revenue increases in November over a year ago. All four casinos were up. Horseshoe Cincinnati had the biggest increase, up 4.5% to $16.5 million. Hollywood Columbus had the highest revenues of the month with $17.3 million, a 3% increase over last year. Hollywood Toledo was up ... Read More

04

Dec2015

Dueling Trademarks

/ Casino
The Ohio State University has filed its opposition to the use of “The Shoe” as a trademark being sought after by Caesars Entertainment. Caesars wants to use “The Shoe” for “entertainment services” such as live concerts. OSU claims “The Shoe” has made reference to the football stadium since at least ... Read More

04

Dec2015

Name Game

/ Casino
Rock Gaming is taking over operations of Horseshoe Cleveland, Horseshoe Cincinnati and Thistledown Racino from Caesars Entertainment. New names haven’t been determined. Everything should be transitioned by mid-2016.

03

Dec2015

Daily Fantasy Sports

/ Other Gaming
Another sort of “game” not covered by Ohio law is daily fantasy sports. DraftKings and Fan-Duel are in the news these days for what some call insider trading. Last month an employee of DraftKings admitted to the inadvertent early release of data before the week’s NFL games. That same employee, ... Read More

02

Dec2015

Queen of Hearts

/ Other Gaming
A $1.8 million “pool game” payout in Austintown has caused a recent stir and gotten the attention of the Ohio Attorney General’s office as well as state legislators. The Queen of Hearts is a board of 54 cards – a regular deck of cards plus two jokers. Each card is numbered ... Read More

01

Dec2015

Gambling Economics

/ Casino
A recent report from the American Gaming Association says that Ohio’s casinos and racinos are responsible for 18,000 jobs, have an economic impact of $3 billion and generate $900 million in tax revenues for the state.

30

Nov2015

October Revenues Up Slightly

/ Casino
All four casinos had increased revenues from a year ago. Horseshoe Cincinnati led the way.  Revenues of $16 million represented a 15% increase over last year. Hollywood Toledo ($15.6 million) was up 2% and Horseshoe Cleveland ($17.9 million) was up 4%. Hollywood Columbus at $17.2 million was about the same ... Read More

16

Sep2015

Charitable Bingo Revenues Continue Slide

/ Charitable Gaming
The number of bingo games for charity is on the increase throughout the state but revenues continue to decline. This despite efforts by lawmakers who have passed legislation that allow larger prizes and permit charitable organizations to sell instant bingo tickets at an unlimited number of retail establishments in their home ... Read More

14

Sep2015

Racino Payments

/ Casino
Thanks to an appropriation in Ohio’s biennial budget, six communities will each receive $1 million over the next two years to help with infrastructure costs and increased public safety for the racinos. The money will be paid in two installments of $500,000 each at the end of 2015 and 2016. Half ... Read More

10

Sep2015

VLT Lawsuit

/ Other Gaming
The Ohio Supreme Court has heard oral arguments on whether a party has standing to file a lawsuit arguing against the constitutionality of VLTs at Ohio’s horse racing tracks. A Franklin County court originally dismissed the lawsuit, saying the plaintiffs didn’t have the right to file. The decision was upheld by the ... Read More