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29

Feb2016

Casino Revenues Holding Steady

/ Casino
January saw Ohio’s four casinos experience a 1.1% increase in revenues over a year ago. Racino revenues were up 9.4%. Hollywood Toledo, which has been the most consistent performer among the casinos over the past several months, experienced the greatest increase. Its revenues of $15.3 million were a 6.8% increase over last year. The ... Read More

22

Jan2016

Raffle Machine Lawsuit

/ Other Gaming
In October of 2013, Ohio Attorney General Mike DeWine ordered the shutdown of electronic raffle machines at VFW posts and fraternal organizations, claiming the games were illegal gambling. Plaintiffs filed a lawsuit contending that the machines are a permissible form of charitable gaming. In December of 2013, a judge issued a temporary ... Read More

20

Jan2016

Legal Blotter

/ Other Gaming
After an investigation by the Ohio Attorney General’s office, a grand jury in Hocking County has indicted Marshal Lucas (aka Dancing Elk) and Jennifer Vance on charges of illegal gambling. In March of 2014, a search warrant was executed on the Red Door Internet Café/Casino. Charges against Lucas include: Seven charges of intentionally ... Read More

18

Jan2016

State of Gaming Regulations

/ Casino
The Ohio Legislature’s Joint Committee on Gaming and Wagering, which was created to study the gaming environment in Ohio, released a report addressing several issues. The issue drawing the most attention was Ohio’s practice of not taxing promotional spending at the casinos and racinos, which has amounted to $650 million since ... Read More

14

Jan2016

Weather Boosts Gambling Revenues

/ Casino
An unusually mild December helped increase revenues at 9 of Ohio’s 11 gaming facilities. Hollywood Toledo led the charge among the casinos - its December revenues of $16.8 million represented an 11.3% increase over last year. Hollywood Columbus revenues of $18.2 million were up 5.2%. Horseshoe Cincinnati saw its revenues ($17.7 million) increase 4%. Horseshoe ... Read More

29

Dec2015

FanDuel, DraftKings Update

/ Other Gaming
The ruckus over these daily fantasy sports contests started two months ago when an employee inadvertently released data before the week’s NFL games and then went on to win $350,000 on a rival website. With allegations of insider trading, the FBI opened an investigation. Lawsuits were filed across the country and ... Read More

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