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Gambling in the USA

Casino revenue rise in Ohio

Published

7 years ago

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Casino revenue rise in Ohio
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Ohio’s gambling regulator has released financial results of the four approved casinos in the state. The casinos reported a 5 per cent increase in revenues compared to that in the previous year.

Hollywood Casino Toledo reported a 3 per cent increase to US$16.7 million in August, up from the US$16.2 registered during the same month last year. Hollywood Casino Columbus totalled US$18.4 million in revenue, a 1 per cent rise when compared to August 2017, when the facility collected US$18.2 million.

Moreover, Jack Cincinnati Casino reported the highest revenue increase last month, as revenue was up 15 per cent from US$15.4 million to US$17.7 million. Jack Cleveland Casino totalled revenue of US$17.5 million, or a 4 per cent increase year-on-year.

Revenue results for the first eight months of the year increase to US$560 million statewide, which represents a 2 per cent increase when compared to the same period in 2017.

Penn National and Jack Entertainment hold the rights of the four casinos in the state.

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Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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