Ohio

  • Venues earned a total of $206.7 million.
  • The 11 facilities fell 2% short of 2021 totals in July.
  • Revenue was up when compared to 2019; pre-COVID-19

The July revenue reports are in for Ohio, with casinos and racinos generating $206.7 million for the month. The total was barely short of 2021 earnings, but far ahead of the 2019 totals, which was pre-pandemic.

The state was up 27% when compared to the year before the COVID-19 virus began.

In 2021, the state of Ohio saw record earnings as players were coming out of shutdowns due to the COVID-19 pandemic. Over the past few months, revenue earnings have slowed down when compared to last year’s record totals, but gaming facilities are still faring better than their 2019 totals.

So far this year, the four casinos in the state and seven racinos have been able to bring in $1.38 billion in revenues. This is much higher than the $1.36 billion from the same time period in 2021. The revenue is what is earned after winnings are paid but not before taxes. Around one-third of earnings are paid in taxes or fees to the state.

At this same time in 2020, the state had only earned $669 million but that was due to closures from the onset of the virus. In July 2019, the total at this point was $1.13 million.

Individual Earnings Breakdown

Let’s take a look at operator earnings based on the individual provider. MGM Northfield Park brought in over $25 million in July, which was only a 2% increase from the previous year. However, it was a big jump from 2019 earnings of $21.2 million.

JACK Cleveland Casino came in at $22.9 million, a big increase from $17.1 million in 2019. However, it was a drop of just over 3% from 2021 when the casino brought in $23.6 million. JACK Thistledown Racino was up from 2019 as well by about $3 million. The casino earned $15.8 million in July.

Hollywood Casino Toledo also saw a big drop from last year at close to $4 million. The casino fared better last year when venues had just reopened after shutdowns.

It’s interesting to note that while the casinos earned less than last year, they are still well ahead of 2019 totals. There are still a few more months to go but so far, Ohio casinos and racinos are on track to smash the pre-COVID earnings total. We shall see by December’s end just how well the venues fared and if 2023 will be just as successful.

About the Author

Author Sadonna Price has been part of the online casino industry for over a decade, watching it develop and expand across the US. She enjoys playing online slots and table games, as well as Texas Hold’em.