Ohio’s casino, racino industry now down $229M in revenue
CLEVELAND — Ohio’s 11 casinos and racinos, out of business since mid-March under the governor’s coronavirus-related ban on large gatherings, are $229 million behind in gambling revenue for the first four months of 2020.
The industry has taken in $410.8 million on gambling, after paying out winnings, down from $640.1 million through April a year ago.
A third of this money is forwarded to the state as fees and taxes.
The four casinos and seven racinos across Ohio have been shuttered since March 14 following orders from Gov. Mike DeWine.
The industry had been off to a roaring start in 2020, with monthly records of $167.5 million in January and $171.4 million in February. Revenue dropped to $71.9 million in March and to nothing in April.
Here are the January through April revenue reports for the 11 facilities versus the same four months last year:
■ Belterra Park — down 38% from $27.3 million to $16.8 million.
■ Eldorado Gaming Scioto — down 34% from $58.5 million to $38.9 million.
■ Hollywood Casino Columbus — down 37% from $77.6 million to $49 million.
■ Hollywood Casino Toledo — down 40% from $67.3 million to $40.5 million.
■ Hollywood Dayton — down 35% from $38.1 million to $24.8 million.
■ Hollywood Mahoning Valley — down 36% from $42.3 million to $27 million.
■ JACK Cincinnati Casino — down 34% from $69.7 million to $45.8 million.
■ JACK Cleveland Casino — down 36% from $69.5 million to $44.6 million.
■ JACK Thistledown Racino — down 35% from $45.8 million to $29.9 million.
■ MGM Northfield Park — down 35% from $84.6 million to $55.1 million.
■ Miami Valley Gaming— down 35% from $59.4 million to $38.3 million.
T hese totals from t he Casino Control and Lottery commissions do not include wagering on horses at the racinos.
The industry had been off to a roaring start in 2020, with monthly records of $167.5 million in January and $171.4 million in February. Revenue dropped to $71.9 million in March and to nothing in April.