- Legal States
Jerome García April 8, 2022 3 min read
Casinos and Racinos in Ohio Rake up $216M, Set New Record
March was a successful month for casinos and racinos in Ohio, judging by data released Thursday.
Ohio’s Gambling Businesses Set New Record in March
The casinos and racinos in Ohio set a new record last month. Data released by the Ohio Casino Control Commission and the Ohio Lottery, reveals that the gaming revenue for casinos and racinos in March hit $216.2 million. A breakdown of the gaming revenues in March shows that the revenues for licensed casinos in Ohio hit $93.3 million. On the other hand, racinos’ gaming revenues reported a total of $122.9 million.
The previous record for gaming revenue in Ohio by casinos and racinos was set back in March 2021. Back then, the businesses have seen total revenue of $215.9 million, just shy of the current record. Although February and January this year weren’t record months for casinos and racinos, their revenues still surpassed $170 million. In February, casinos and racinos gaming revenues hit $178.7 million, while in January, they halted at $171.2 million.
Casinos Report Strong Revenues
The Ohio Casino Control Commission revealed a breakdown of the $93.3 million in gaming revenue for casinos in March. The highest revenue was reported by Jack Cleveland Casino. In March, the venue’s revenue hit $24.5 million. March was a good month for Hollywood Columbus Casino as well. Its revenue during March hit $23.4 million. Hard Rock Cincinnati Casino reported $22.9 million in gaming revenue for March, while Hollywood Toledo Casino has seen $22.4 million in gaming revenue.
Currently, casinos in Ohio pay 33% tax on their gross casino revenue. Under the current regulations, 51% of the tax proceeds are directed to the County Fund, while the Student Fund receives 34%. The Host City Fund receives 5% of the tax proceeds while the State Racing Commission and Ohio Casino Control Commission receive 3% each. The Law Enforcement Training fund receives 2% of the tax proceeds and the Problem Gambling and Addictions fund receive 2%.
March Marks a Strong Month for Racinos
The Ohio Lottery released a breakdown of the gaming revenue for racinos during March. The highest revenue last month was reported by MGM Northfield Park. Overall, the venue has seen a net win of $26.1 million in March, marking the highest revenue for the last six months. Eldorado Gaming Scioto Downs located in Columbus reported a total of $21.7 million in gaming revenue. Similar to MGM, this was the highest revenue the venue has seen in the last six months.
Miami Valley Gaming reported a total of $20.3 million in gaming revenue last month, while JACK Thistledown Racino has seen $17.5 million in gaming revenue. Moreover, Hollywood Mahoning Valley Race Course reported $14.4 million in gaming revenue last month. A double-digit revenue was reported by Hollywood Gaming Dayton Raceway as well. In March, the venue has seen $14.3 million in gaming revenue. Last but not least, in March, Belterra Park Cincinnati reported $8.6 million in gaming revenue.
Jerome is a welcome new addition to the Gambling News team, bringing years of journalistic experience within the iGaming sector. His interest in the industry begun after he graduated from college where he played in regular local poker tournaments which eventually lead to exposure towards the growing popularity of online poker and casino rooms. Jerome now puts all the knowledge he's accrued to fuel his passion for journalism, providing our team with the latest scoops online.