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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Jim Tomlin has more than 30 years of experience in sports journalism as an editor and writer. He has covered pro and college sports from football, baseball, basketball, soccer, golf, motorsports and more for publications such as the Tampa Bay Times, SaturdayDownSouth.com, SaturdayTradition.com and FanRag Sports. He now lends his expertise to TopUSCasinos.com, among other duties.