• Sun. Jun 13th, 2021

Ohio Casinos and Racinos Set One other Month-to-month Gaming Income Document

BySpeed Casino

May 11, 2021

Posted on: Might 10, 2021, 12:03h. 
Final up to date on: Might 10, 2021, 01:49h.

Devin O’Connor Learn Extra

A pandemic remains to be occurring. However for Ohio casinos and racinos, instances have by no means been higher.

The Hollywood Gaming at Dayton Raceway racino flooring is seen final summer season. Ohio’s casinos and racinos received more cash from gamblers in April 2021 than ever earlier than. (Picture: Dayton Day by day Information)

For the second month in a row, the 11 gaming properties collectively posted their all-time finest month when it comes to gross gaming income (GGR).
April gaming win totaled $217.1 million. That could be a $1.2 million improve on the earlier excessive of $215.9 million, set in March.
Ohio residents have loved entry to authorized casinos for the previous 9 years. Previous to April 2021, the very best April on report got here in 2018, when the casinos and racinos received $162 million. April 2021 is a 35.5 % enchancment on April 2019, when the state gaming properties received $160.2 million. 
April Sunshine
Ohio’s 4 industrial casinos — Jack Cleveland, Hollywood Columbus, Onerous Rock Cincinnati, and Hollywood Toledo — reported slot GGR of $65.7 million final month. Tables video games generated wins of $26.9 million.

Information from the Ohio On line casino Management Fee reveals that the 4 casinos shared a comparatively equal market share in April. Hollywood Columbus narrowly led the way in which at $24.7 million, Jack Cleveland was subsequent at $24 million, Hollywood Toledo third at $22.5 million, and Onerous Rock fourth at $22.2 million  

The state’s seven racinos solely provide video gaming lottery (VGT) terminals and are regulated by the Ohio Lottery. These reported GGR of $124.5 million. That’s up a staggering 39 % from April 2019, when the venues received $89.6 million. 
MGM Northfield Park took the VGT income honors by profitable $24.5 million of gamblers’ bets. Scioto Downs was subsequent at $21.7 million, and Jack Thistledown third at $19.5 million. 
The bounce in Ohio on line casino and racino income follows the ending of state-ordered nightly curfews and one other spherical of financial stimulus checks being distributed to most Individuals from the federal authorities. 
Ohio’s casinos aren’t the one gaming market surging again to life in 2021. Maryland and Pennsylvania each reported report GGR numbers in March. Maryland fared effectively once more in April by posting its third all-time month-to-month GGR efficiency. Pennsylvania has but to launch its on line casino numbers for April.
Loosening Restrictions, Sports activities Betting
Ohio casinos and racinos proceed to be restricted to working at not more than 50 % of their hearth code capability. However the giant venues haven’t reported having to show away friends, and those that have arrived are wagering huge, as made evident by the April GGR report. 
With pent-up demand and stimulus fueling the gaming restoration, Ohio casinos and racinos are hoping to obtain a brand new concession that can moreover spur new guests to their properties. Late final week, Republican lawmakers unveiled a plan to convey regulated sports activities betting to the state. 
The Senate invoice would authorize as many as 40 sportsbook licenses. Half could be reserved for the casinos and racinos, which may then companion with on-line cellular betting companions. 
The Ohio Senate is about to adjourn for the summer season on June 29. It isn’t scheduled to reconvene till September 8. 

Associated Information Articles