Sunday, Jul 22, 2018
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Ohio casinos report nearly $6M increase in August revenue

Toledo casino posts largest gains

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    Hollywood Casino Wednesday, July 5, 2017, in Toledo, Ohio.

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    Hollywood Casino Wednesday, July 5, 2017, in Toledo, Ohio.

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Gambling revenues statewide rose in August with Ohio’s four full-service casinos all reporting year-over-year gains.

Figures released Thursday by the Ohio Casino Control Commission, the state body that regulates the industry, show 2017 revenue through August at $548.8 million. Year-to-date figures showed an overall rise of $5.9 million, or about 1.9 percent, through the first eight months of the year compared to the same period in 2016.

Hollywood Casino Toledo marked the largest increase for the month over last year with a 10.9 percent jump to $16.2 million. Through August, the casino has reported revenues of $133.9 million this year, up about 1.4 percent from $132.1 million from the same period in 2016.

In August, Hollywood Casino Columbus reported an increase of 8.4 percent to $18.2 million. Jack Cincinnati Casino’s revenue rose 5.4 percent with $15.4 million, while Jack Cleveland Casino’s revenues were nearly equal to 2016 with a gain of 0.8 percent at $16.8 million.

The monthly reports from the state include only revenue from gambling. Food, drink, merchandise, and event sales figures are not included.

The four gambling houses combined tallied $66.7 million for the month, an increase of $3.9 million or 6.2 percent over 2016’s $62.8 million.

The casinos’ August revenue slightly outpaced the state’s seven racinos, which pair horse racing with video slots and are overseen by the Ohio Lottery Commission, for the second time this year. The racinos garnered $79 million last month, a bump of $4.5 million or 6.1 percent from $74.5 million in 2016.

Contact Alexandra Mester amester@theblade.com419-724-6066, or on Twitter @AlexMesterBlade.

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