Gambling in the USA

Ohio Sets Gambling Revenue Record with $1.94B in 2019

Published

5 years ago

January 14, 2020

Niji Narayan

Ohio Sets Gambling Revenue Record with $1.94B in 2019

Photo Source: gamblingohio.com

Reading Time: < 1 minute

The lottery and casino control commissions of Ohio has reported that the state’s gambling revenue rose to a record $1.94 billion in 2019.

Continuing a year-to-year upward trend, it brought the total to $11.9 billion in gambling revenue since Ohio’s first casino opened in May 2012. That sum accounts for the money left after facilities pay out winnings for slot machines and table games, but it does not include profits from horse wagering or food sales.

The total gambling revenue for last year was up more than 4% from $1.86 billion in 2018. The “racinos,” which offer only chance-based slot machines, brought in $1.1 billion, an increase of 6.2% from 2018. The casinos saw a smaller increase of 1.6% and logged $851 million in gambling revenue. Taxes and fees send about one-third of the revenue to the state.

Related Topics:

Up Next

Midnite Raises Over $2.5M in Funding

Don't Miss

BoyleSports Buys 35 Betting Shops from William Hill

Niji Narayan

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.