Gambling revenues are reaching new heights in Ohio

Gambling revenue just continues to flow into Ohio Casino and Racino venues. The August 2021 reports are in, and in just one month after the winnings were paid out, the state has generated over $ 194 million in revenue. With that total, the state’s 11 gaming establishments now have nearly $ 1.6 billion in revenue. The state broke last August’s record of $ 172.1 million and posted a 12.9% increase in sales.

Breakdown of the sums

The top earner in the state was MGM Northfield Park. The venue raised $ 23.3 million. That was more than 20% more than last August. JACK Cleveland Casino generated just under $ 22 million, earning over 20% over the previous year. JACK Thistledown Racino earned $ 17 million, also over 20% better than the same month in 2020.

Each of the four Ohio casinos are allowed to offer poker games, slot machines, and table games. There are seven racinos in the state with facilities that offer skill games such as video lottery terminals. It seems that this year players are enjoying all the game options more than ever, possibly due to the easing of the COVID-19 logs as well as vaccinations.

Although August reached a new record, it did not exceed the values ​​for June and July. In June, the state made just over $ 196 million in profits, while July was even higher at $ 211.2 million.

2021 profit

As it hits new record highs every month, Ohio has generated nearly $ 1.6 billion in annual revenue. Part of the income goes to taxes and fees in the state. So far this year has been the top earner MGM Northfield Park. The casino has grossed over $ 183 million to date. Hollywood Casino Columbus is closely behind with a profit of $ 176.4 million.

Next up is JACK Cleveland Casino with a profit of $ 172 million, while Hollywood Casino Toledo brought in just over $ 163 million. Eldorado Gaming Scioto reported $ 156.9 million while Hard Rock Cincinnati Casino generated just over $ 149 million.

The casinos in the state have had a great year so far. Already at the beginning of 2021, the venues reported high revenues. In March, casinos grossed over $ 215 million, a huge year-over-year increase and previous records.

This year, the pent-up demand caused by the COVID-19 shutdown last year seems to be driving players to the gaming tables and slot machines. Players are better able and more willing to travel this year, which helps bring more revenue to the state. It will be interesting to see if the surge continues for the rest of the year.

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