Racino business in Ohio is down 26% in 2020, a year of coronavirus disruption. Include $ 165 million in taxes and fees
CLEVELAND, Ohio – The Ohio casino and racino industry saw record performances in full operation in 2020. However, total gambling revenue declined $ 500 million for the full year, largely due to the full and partial closings ordered by Governor Mike DeWine over coronavirus concerns.
Reports released Thursday by the state casino control and lottery commissions show that gaming revenues at the eleven Ohio facilities were $ 1.44 billion per year, down 26% the record value of $ 1.94 billion in 2019.
This is the money that casinos and racinos keep after winnings are paid out. Around a third of this is then passed on to the state in the form of taxes and fees. The 2020 revenue decline will translate into about $ 135 million less taxes and fees.
In December, a month when casinos and racinos closed daily at 10 p.m. under the governor’s curfew on coronavirus, revenue was $ 132.6 million, a 22% decrease from $ 169.3 million. USD in December 2019.
The facilities were completely closed from mid-March to mid-June.
Monthly sales records were set for each of the months they were fully open – January, February, July, August, September, and October.
In the Cleveland / Akron Market:
* MGM Northfield Park generated revenues of USD 171.7 million in 2020, compared to USD 253.6 million in the previous year.
* JACK Cleveland Casino was $ 152.2 million after $ 212.1 million.
* Jack Thistledown Racino was $ 115.3 million after $ 142.5 million.
Elsewhere: Hollywood Casino Toledo ($ 183 million after $ 202 million), Hollywood Casino Columbus ($ 165.4 million after $ 229.2 million), Hard Rock Casino Cincinnati ($ 142.8 million) Dollars down from $ 207.7 million), Eldorado Gaming Scioto Downs ($ 139.5 million) ($ 183.5 million), Miami Valley Gaming ($ 126.5 million, $ 179.8 million) Hollywood Mahoning Valley ($ 92.9M, $ 128.6M), Hollywood Dayton ($ 91.9M, $ 116.7M), and Belterra Park ($ 59M) of 85 .9 million USD).
Toledo’s revenues rose in the weeks that Detroit casinos closed.
Here are the December details.
Ohio casinos
| Nationwide | December 2019 | December 2020 |
|---|---|---|
| revenue | $ 74.4 million | $ 59.9 million |
| Board games | $ 23.0 million | $ 15.9 million |
| key | $ 51.4 million | $ 44.0 million |
| JACK Cleveland Casino | ||
| revenue | $ 19.3 million | $ 13.2 million |
| Board games | $ 8.8 million | $ 5.4 million |
| key | $ 10.5 million | $ 7.8 million |
| Slots payout | 92.0% | 92.8% |
| Hard Rock Cincinnati | ||
| revenue | $ 17.7 million | $ 10.7 million |
| Board games | $ 6.3 million | $ 3.3 million |
| key | $ 11.4 million | $ 7.4 million |
| Slots payout | 91.5% | 91.3% |
| Hollywood Toledo | ||
| revenue | $ 17.8 million | $ 20.5 million |
| Board games | $ 2.8 million | $ 3.3 million |
| key | $ 15.1 million | $ 17.1 million |
| Slots payout | 91.3% | 92.0% |
| Hollywood Columbus | ||
| revenue | $ 19.6 million | $ 15.4 million |
| Board games | $ 5.2 million | $ 3.7 million |
| key | $ 14.4 million | $ 11.7 million |
| Slots payout | 92.0% | 92.6% |
Source: Ohio Casino Control Commission
Ohio Racinos
| Nationwide | December 2019 | December 2020 |
|---|---|---|
| key | $ 94.9 million | $ 72.7 million |
| Pct, To, To, To Be, To, To Be, Payoff | 90.9% | 91.2% |
| Belterra Park | ||
| key | $ 7.7 million | $ 5.7 million |
| Pct, To, To, To Be, To, To Be, Payoff | 91.1% | 90.2% |
| Eldorado Scioto Downs | ||
| key | $ 15.7 million | $ 12.8 million |
| Pct, To, To, To Be, To, To Be, Payoff | 90.9% | 91.2% |
| MGM Northfield Park | ||
| key | $ 22.2 million | $ 14.2 million |
| Pct, To, To, To Be, To, To Be, Payoff | 91.1% | 91.2% |
| Hollywood Dayton | ||
| key | $ 10.2 million | $ 9.3 million |
| Pct, To, To, To Be, To, To Be, Payoff | 91.0% | 91.9% |
| Hollywood Mahoning Valley | ||
| key | $ 10.8 million | $ 8.3 million |
| Pct, To, To, To Be, To, To Be, Payoff | 90.1% | 90.4% |
| JACK Thistledown Racino | ||
| key | $ 12.2 million | $ 10.6 million |
| Pct, To, To, To Be, To, To Be, Payoff | 90.5% | 91.3% |
| Miami Valley Gaming | ||
| key | $ 16.1 million | $ 11.9 million |
| Pct, To, To, To Be, To, To Be, Payoff | 91.3% | 91.4% |
Source: Ohio Lottery Commission
Rich Exner, data analysis editor for cleveland.com, writes about numbers on a variety of topics. Follow @RichExner on Twitter. Follow casino coverage at cleveland.com/casino.
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