Ohio reports record revenue for September

September was the third consecutive month Ohio’s casino and racino industry posted record revenues. Total revenue for the industry was $164.6m, a 6% year-on-year increase. Previously, August reported $172.1m and July’s revenue was $181.1m. 

ohio

Statewide casino revenue for September was $71.9m, compared to $68.4m in 2019; but lower than $77.4m recorded in August. Revenue from racinos, that only feature video gaming terminals, was $92.7m, an increase from $86.7m the previous year. 

MGM Northfield Park contributed $19.9m to the total sum, Hollywood Columbus brought in $19.3m in revenue and Hollywood Toledo earned $18.9m. 

For the first nine months, the state’s revenue is slightly over $1bn, nearly a 31% drop from $1.5bn for the same period in 2019. The decline can be attributed to the temporary shutdown due to COVID-19. The casinos in the state were closed in April and May and resumed work in June with 50% capacity. 

Ohio might also benefit from sports betting in the future, but things are moving slow. Analysts from Eilers & Krejcik said: “We estimate that Ohio is the sixth-ranked US state in terms of sports fandom, and the seventh-ranked state in terms of college football fandom.” However, a supporter of the sports betting bill, Senator John Eklund, said the details of the bill need to be worked out before any voting can occur. 

Premium+ Connections
Premium
 
Premium
 
Premium
 
Premium
 
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium Connections
Consultancy
Executive Profiles
PrizePicks
Choctaw Casinos & Resorts
Rush Street Gaming
Jamul Casino
Follow Us

Company profile: Data.Bet

Esports data provider Data.Bet discusses developing the mast...

Company profile: DS Virtual Gaming

DS Virtual Gaming stands at the forefront of the gaming indu...

Exploring how Covers deals with the busy sporting calendar

Andrew Garven, Head of Marketing at Covers, tells Gambling I...

How top sportsbooks are preparing for the NFL season

Gambling Insider explores how the top sportsbooks are gearin...