Ohio Casinos and Racinos Set One other Month-to-month Gaming Income Document
Posted on: Could 10, 2021, 12:03h.
Final up to date on: Could 10, 2021, 01:49h.
A pandemic continues to be happening. However for Ohio casinos and racinos, occasions have by no means been higher.
For the second month in a row, the 11 gaming properties collectively posted their all-time finest month when it comes to gross gaming income (GGR).
April gaming win totaled $217.1 million. That could be a $1.2 million enhance on the earlier excessive of $215.9 million, set in March.
Ohio residents have loved entry to authorized casinos for the previous 9 years. Previous to April 2021, one of the best April on file got here in 2018, when the casinos and racinos gained $162 million. April 2021 is a 35.5 % enchancment on April 2019, when the state gaming properties gained $160.2 million.
Ohio’s 4 business casinos — Jack Cleveland, Hollywood Columbus, Onerous Rock Cincinnati, and Hollywood Toledo — reported slot GGR of $65.7 million final month. Tables video games generated wins of $26.9 million.
Information from the Ohio On line casino Management Fee reveals that the 4 casinos shared a comparatively equal market share in April. Hollywood Columbus narrowly led the way in which at $24.7 million, Jack Cleveland was subsequent at $24 million, Hollywood Toledo third at $22.5 million, and Onerous Rock fourth at $22.2 million
The state’s seven racinos solely provide video gaming lottery (VGT) terminals and are regulated by the Ohio Lottery. These reported GGR of $124.5 million. That’s up a staggering 39 % from April 2019, when the venues gained $89.6 million.
MGM Northfield Park took the VGT income honors by profitable $24.5 million of gamblers’ bets. Scioto Downs was subsequent at $21.7 million, and Jack Thistledown third at $19.5 million.
The bounce in Ohio on line casino and racino income follows the ending of state-ordered nightly curfews and one other spherical of financial stimulus checks being distributed to most Individuals from the federal authorities.
Ohio’s casinos are usually not the one gaming market surging again to life in 2021. Maryland and Pennsylvania each reported file GGR numbers in March. Maryland fared properly once more in April by posting its third all-time month-to-month GGR efficiency. Pennsylvania has but to launch its on line casino numbers for April.
Loosening Restrictions, Sports activities Betting
Ohio casinos and racinos proceed to be restricted to working at not more than 50 % of their hearth code capability. However the giant venues haven’t reported having to show away visitors, and people who have arrived are wagering huge, as made evident by the April GGR report.
With pent-up demand and stimulus fueling the gaming restoration, Ohio casinos and racinos are hoping to obtain a brand new concession that may moreover spur new guests to their properties. Late final week, Republican lawmakers unveiled a plan to convey regulated sports activities betting to the state.
The Senate invoice would authorize as many as 40 sportsbook licenses. Half can be reserved for the casinos and racinos, which may then associate with on-line cell betting companions.
The Ohio Senate is about to adjourn for the summer time on June 29. It isn’t scheduled to reconvene till September 8.