Ohio Casinos & Racinos Reset Record for Best August Ever
The casino and racino revenue in Ohio did not hit the record-breaking pace of July but the state’s facilities still kept recovering after being shut down for most of the summer because of coronavirus. The state pulled down about $172 million in combined revenue for August after taking in more than $181 million in July.
Ohio’s four casinos recorded a slight fall in total revenue at $77,364,190 for August. In July, the first month back, the total was $86,047,151. That July figure set a state record for casino revenue.
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Those figures were good enough to set a state record for August, according to Cleveland.com. The paper reported that the $172 million in 2020 was 4.7% higher than the August record set in 2019.
For handle figures, the table drop in August was $101,319,532 and the slot coin in was $677,799,356, according to numbers reported by the Ohio Casino Control Commission. In July those numbers were $103,910,937 and $749,760,747, respectively.
Hollywood Toledo Casino led the state in revenue in August at $22,918,504. The other three casinos were close — Hollywood Columbus reported $19,003,146 in revenue, Jack Cleveland was at $18,226,340 and Hard Rock Cincinnati drew $17,216,200.
At the state’s seven racinos, credits played crept over $1 billion for August at $1,009,314,708, according to the Ohio Lottery’s figures. It was the first time that the state hit $1 billion in VLT handle since February, before concerns over COVID-19 closed down gaming facilities all over the country.
The net win, or revenue, was $94,765,510 for August, down just a tick from the $95,020,535 recorded in July at the racinos — Belterra Park (Cincinnati), Eldorado Gaming Scioto Downs (Columbus), MGM Northfield, Hollywood Dayton, Hollywood Mahoning Valley (Youngstown), Jack Thistledown (Cleveland) and Miami Valley Gaming (Lebanon).
The revenue at the racinos hit $1 billion for the first time in the 2018-19 fiscal year but fell to $820,923,109 in the 2019-20 fiscal year, which ended in June, thanks to the virus-related closures.
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