CLEVELAND, Ohio - Ohios 11 casinos and racinos, out of business since mid-March under the governors coronavirus-related ban on large gatherings, are $229 million behind in gambling revenue for the first four months of 2020.<\/p>\n
The industry has taken in $410.8 million on gambling, after paying out winnings, down from $640.1 million through April a year ago.<\/p>\n
A third of this money is forwarded to the state as fees and taxes.<\/p>\n
The four casinos and seven racinos across Ohio have been shuttered since March 14 following orders from Gov. Mike DeWine.<\/p>\n
The industry had been off to a roaring start in 2020, with monthly records of $167.5 million in January and $171.4 million in February. Revenue dropped to $71.9 million in March and to nothing in April.<\/p>\n
Here are the January through April revenue reports for the 11 facilities versus the same four months last year:<\/p>\n
* Belterra Park - down 38% from $27.3 million to $16.8 million.<\/p>\n
* Eldorado Gaming Scioto - down 34% from $58.5 million to $38.9 million.<\/p>\n
* Hollywood Casino Columbus - down 37% from $77.6 million to $49 million.<\/p>\n
* Hollywood Casino Toledo - down 40% from $67.3 million to $40.5 million.<\/p>\n
* Hollywood Dayton - down 35% from $38.1 million to $24.8 million.<\/p>\n
* Hollywood Mahoning Valley - down 36% from $42.3 million to $27 million.<\/p>\n
* JACK Cincinnati Casino - down 34% from $69.7 million to $45.8 million.<\/p>\n
* JACK Cleveland Casino - down 36% from $69.5 million to $44.6 million.<\/p>\n
* JACK Thistldown Racino - down 35% from $45.8 million to $29.9 million.<\/p>\n
* MGM Northfield Park - down 35% from $84.6 million to $55.1 million.<\/p>\n
* Miami Valley Gaming - down 35% from $59.4 million to $38.3 million.<\/p>\n
These totals from the Casino Control and Lottery commissions do not include wagering on horses at the racinos.<\/p>\n
Rich Exner, data analysis editor for cleveland.com, writes about numbers on a variety of topics. Follow on Twitter @RichExner. Follow casino coverage at cleveland.com\/casino.<\/p>\n
<\/p>\n
Go here to read the rest:<\/p>\n
Ohio shuttered casino, racino industry now down $229 million in gambling revenue for the year - cleveland.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" CLEVELAND, Ohio - Ohios 11 casinos and racinos, out of business since mid-March under the governors coronavirus-related ban on large gatherings, are $229 million behind in gambling revenue for the first four months of 2020. The industry has taken in $410.8 million on gambling, after paying out winnings, down from $640.1 million through April a year ago. A third of this money is forwarded to the state as fees and taxes Continue reading