Playing in Ohio is extra widespread than ever, judging by current outcomes. The income has been recorded in racinos and casinos in Ohio throughout January. Sports activities betting outcomes aren’t included on this report, so the income is even increased than we all know up to now.
The document is damaged:
Ohio’s On line casino and Lottery Commissions introduced that the casinos earned $196.8 million in January. In 2022, the January income was $171.2 million.
The income of 11 Ohio casinos is what’s left to them after paying winnings, however earlier than taxes and charges that they’re required to pay to the state.
Casinos that possess licenses for slot machines and blackjack, and different desk video games earned $86.1 million. Final yr, these 4 casinos earned $75.6 million. Racinos which have slot machines earned $110.7 million, and final January, that quantity was $95.6 million. There are seven racinos within the state.
JACK Cleveland On line casino, JACK Thistledown, and MGM Northfield, casinos that belong to the Cleveland-Akron market, earned $62.2 million through the first month of the yr. Final yr, the income was $51.7 million.
Every of the 11 playing properties within the state broke its personal information and earned extra money than final yr.
The rationale for the will increase can seemingly be attributed to the regulation of sports activities playing in Ohio. With its legalization, sports activities playing began counting individually from different playing varieties, nevertheless it helped enhance the general enterprise.
The details about casinos:
Individuals are nonetheless extra fascinated by desk video games and slots than they’re in land-based sports activities books. It confirmed the instance of JACK On line casino in Cleveland, which gained $23 million from desk video games and slot machines, and its sportsbook earned $270.000. An analogous state of affairs is in all places throughout the state.
JACK Thistledown Racino earned $14.8 million, and final January; the income was $13.3 million. Hollywood Columbus introduced in about $23 million and final yr the quantity was $19.9 million Arduous Rock On line casino Cincinnati earned $21.7 million, and final January, it was $20.2 million
The state of affairs is comparable in Hollywood Toledo, the place the income was $18.7 million, and final yr it was $17.1 million. MGM Northfield Park had an important improve in income – at $24.4 million this January, a lot increased than the $20.2 million from the earlier yr.
Hollywood Mahoning Valley noticed a rise of greater than $2 million from Jan 2023’s reported $13.6 million from the earlier yr’s $11.1 million. Scioto Downs additionally noticed a rise, going from $17.3 million in Jan. final yr to only greater than $19 million the identical time this yr.
Miami Valley Gaming had a much bigger improve, going from $15.6 million in income final yr to $19.4 million in 2023.
The smallest improve in income was reported for Belterra Park and Hollywood Dayton, with the former reporting $6.4 million in 2022 versus $6.7 million in Jan this yr, whereas the latter earned $11.6 million in 2022 and in 2023 $12.7 million.
