The Ohio Casino Control Commission has released the figures for the month of August, providing insights into the gambling revenue generated by casinos and racinos across the state. These numbers offer a snapshot of the industry’s performance, revealing fluctuations and trends in the region.
Casino Revenue:
In August, Ohio’s four casinos collectively raked in $82.3 million in revenue, showcasing a slight decrease from the previous year’s $84.3 million. The individual contributions were as follows:
Hollywood Columbus: $22.1 million
Jack Cleveland Casino: $22.3 million
Hard Rock Casino Cincinnati: $19.6 million
Hollywood Toledo: $18.3 million
Racino Revenue:
The state’s seven racinos combined to yield $112.5 million in revenue during the same period. The racinos and their contributions were as follows:
MGM Northfield Park: $26 million
Miami Valley Gaming: $19.1 million
Scioto Downs: $18.5 million
JACK Thistledown Racino: $15.2 million
Hollywood Mahoning Valley: $13.2 million
Hollywood Dayton: $13.5 million
Belterra Park: $6.9 million
Total Yearly Revenue:
For the first eight months of 2023, casinos and racinos in Ohio have generated a combined gambling revenue of $1.6 billion. This marks a slight increase from the $1.58 billion recorded during the same period the previous year. These numbers reflect the enduring appeal and economic impact of the gambling industry in Ohio.
Sports Betting Performance:
August also witnessed a promising performance in the sports betting sector in Ohio. The combined handle, including both retail and online sports betting, reached $380 million. Online sports betting dominated the landscape, constituting 96% of the total handle, with retail sportsbooks contributing over $14 million in wagers. This upward trajectory demonstrates the growing popularity of sports betting in Ohio, with residents placing over $4.5 billion in bets throughout 2023.
The latest figures from Ohio’s casinos, racinos, and the sports betting sector present a comprehensive overview of the industry’s performance. While there was a slight dip in casino revenue compared to the previous year, the cumulative yearly revenue remains strong. The surge in sports betting activity is a positive sign for the market, with a growing number of Ohioans engaging in this form of entertainment. These insights provide valuable data for industry stakeholders, policymakers, and enthusiasts interested in the gambling landscape in Ohio.