In a recent report released by the Ohio Casino Control Commission, it was revealed that Ohio’s casinos and racinos experienced significant gains in the month of March. The data showed that both sectors saw an increase in revenue compared to the previous month, marking a positive trend for the state’s gambling industry.
According to the report, Ohio’s four casinos reported a total revenue of $81.3 million in March, which is a 7.3% increase from the $75.8 million reported in February. The Hollywood Casino Toledo led the way with $22.1 million in revenue, followed closely by the Jack Cleveland Casino with $21.3 million. The Jack Cincinnati Casino and Hollywood Casino Columbus also saw gains in revenue, earning $19.4 million and $18.5 million, respectively.
Additionally, Ohio’s seven racinos also experienced growth in March, reporting a total revenue of $120.7 million compared to $113.5 million in February. The Miami Valley Gaming led the racinos with $16.9 million in revenue, closely followed by the MGM Northfield Park with $16.3 million and the Hollywood Gaming at Mahoning Valley Race Course with $15.8 million.
The increase in revenue for both the casinos and racinos can be attributed to several factors, including the easing of COVID-19 restrictions and the ramp-up of promotional activities by the gambling establishments. With more people feeling comfortable returning to in-person gambling activities, the state’s gambling industry is seeing a resurgence in revenue.
Industry experts believe that the positive trend will continue in the coming months as more people get vaccinated and the economy recovers from the impact of the pandemic. Additionally, the recent approval of sports betting in Ohio is expected to further boost revenue for the gambling industry in the state.
Overall, the gains seen in March are a promising sign for Ohio’s casinos and racinos, signaling a potential return to pre-pandemic levels of revenue and activity. As the state continues to navigate the challenges of the ongoing health crisis, the gambling industry is proving to be a resilient sector that is poised for growth in the months ahead.
