Tag: revenue



Columbus Casino Update

Due to customer demand, the Hollywood Casino will be removing 500 slot machines and adding 6 poker tables. Columbus becomes the second casino to reduce its slot machines. Recently Cleveland removed 230 slot machines.  This comes on the heels of lower than expected revenues. The average revenue in December per slot ... Read More
February 8, 2013ogadmin



Casino Revenues

December revenues at Ohio’s three casinos reversed earlier trends.  The Horseshoe Casino in Cleveland had seen revenues decline in every month since June, which was the first full month of operation. December revenues increased $4.1 million, a 20% increase from November.  The Hollywood Casino in Toledo had seen even more precipitous drops ... Read More
January 14, 2013ogadmin



Casino Revenues

Overall, casino revenues were up slightly in November, but that can be attributed to the Columbus casino’s first full month of operation. Revenues at the Toledo and Cleveland casinos, as well as the racino at Scioto Downs, continue to decline. For the Horseshoe Casino in Cleveland, the drop in adjusted gross ... Read More
December 12, 2012ogadmin



Casinos Update

Revenues Revenues at the Cleveland and Toledo casinos continue to decline. For Cleveland, the decline in October was less than in previous months, falling $300,000 to $20.8 million. Since June, the first full month the casino was open, revenues have fallen 20%. For Toledo, the drop was a little steeper, falling ... Read More
December 5, 2012ogadmin


Scioto Downs saw its revenue increase from $11.1 million to $11.8 million (6.8%) from June to July. In August, revenue again increased to $13.1 million (11%). The spike in August can probably be attributed to the opening of Phase II at Scioto Downs, which saw the addition of 300 VLTs ... Read More
September 12, 2012ogadmin



Early Returns

The numbers are out for the first seven weeks of operation for the Cleveland and Toledo casinos, as well as the racino at Scioto Downs. According to the Ohio Casino Control Commission, the three gambling facilities combined brought in $23.5 million for the state. The individual breakdown is as follows: The Cleveland ... Read More
July 13, 2012ogadmin


The Cleveland casino claims that 500,000 visitors have walked through their doors since the May 14 opening. Rock Ohio had projected five million visitors annually so they are well on their way. Meanwhile, Scioto Downs raked in over $4 million in nine days, netting the lottery commission a cool $1.3 million.
June 18, 2012ogadmin


The card room provision was removed from Substitute H.B. 386 right before the Ohio Senate voted to pass the bill. The chairman of the Senate Government Oversight and Reform Committee said that charity card rooms would be dealt with in a separate bill sometime in the future. The bill later stalled ... Read More
May 21, 2012ogadmin


Governor John Kasich and Penn National Gaming have reached a nonbinding memorandum of understanding. This agreement will allow Penn National to relocate its two horse racing facilities from Grove City and Toledo to Austintown and Dayton respectively. The agreement also allows for VLTs at the two facilities. Penn National will pay ... Read More
March 20, 2012ogadmin