Ohio gambling revenue figures show continued growth among the state's racinos

New gambling revenue figures released this week showed Ohio's seven slots-only racinos continue to outpace the state's four full-fledged casinos. The racinos brought in $88.9 million in July after all bets were paid with the casino figure coming in at $69.6 million.

The Hard Rock Rocksino Northfield Park, which was acquired in July by MGM Properties for $1.06 billion, continues to lead all the state's gambling establishments bringing in $22.4 million in revenue, down slightly from last year's $22.27 million.

That's roughly 30 percent more than the Jack Casino Cleveland, which posted revenue figures of $15.9 million after all bets were paid, down from $16.8 million in 2017. The Cleveland Jack, which once regularly led the state's casinos each month in revenue placed last in July.

While gambling revenue has steadily risen in the state, it's been on the coattails of the racinos as casino revenue has stayed fairly stagnant since 2013 when they netted $821.2 million after all bets were paid.

 

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