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 ...
December 28, 2015ogadmin
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 ...
December 4, 2015ogadmin
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.
December 4, 2015ogadmin
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.
December 1, 2015ogadmin
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 ...
November 30, 2015ogadmin
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 ...
September 14, 2015ogadmin
Hollywood Gaming at Mahoning Valley is adding 75 VLTs at a cost of $975,000. This will increase the total number of VLTs to 941. Hollywood Gaming already generates the most revenue per VLT among the state’s seven racinos. Penn National Gaming is hopeful construction will be complete by September 1.
September 9, 2015ogadmin
Several former employees of Horseshoe Cincinnati have been indicted on two different scams that cost the casino more than $121,000. In one of the scams, a table games supervisor would place a predetermined sequence of cards into a deck at a baccarat table. Once the deck was ready, he would ...
September 8, 2015ogadmin
Horseshoe Cleveland and Horseshoe Cincinnati have been fined by the Ohio Casino Control Commission (OCCC). The Cleveland casino was fined $50,000 for issues involving its surveillance system. Inadequate coverage of table games was discovered during a routine audit by the OCCC several months ago. It was the failure of the casino to resolve ...
September 3, 2015ogadmin
For the fourth consecutive month, Ohio’s seven racinos have exceeded the four casinos in revenue. July racino revenues totaled a near record $73.1 million, only behind May’s $73.6 million. Casino revenues totaled $69.5 million, a modest $1.5 million above last year (2.2%) but $6 million more than in June. Horseshoe Cleveland saw no ...
September 1, 2015ogadmin