Summary:
- The earnings were 3% less than May 2022.
- Ohio gambling earnings are still ahead year over year.
- $1 billion in gambling revenues have been earned so far in 2023.
There are eleven casinos and racinos operating in Ohio, offering players a chance to explore various slots and table games.
The Ohio Casino Control Commission recently announced the winnings for operators, showing that $196 million was generated for May. It was a solid month for the state, as the gaming industry has already crushed the $1 billion mark for 2023.
New Monthly Totals
The $196 million generated in May was a decrease of 3% when compared to the $202 million from last year. So far this year, the state has earned $1 billion, an increase of around $16 million when considering the 2022 totals from the same time frame.
The four casinos in the state are able to offer slots and table games. They brought in just over $80 million for the month. This was around $6.7 million lower than last year. There are seven racinos in Ohio, which the venues able to offer horse racing and slots. These operators generated $115.3 million.
The racinos actually saw a slight uptick in yearly earnings. It was less than $1 million, but still a nice increase overall.
Individual Operator Earnings
The big casino earner for May was Hollywood Columbus with $22,387,443 in earnings. The casino saw a nice increase from last’ years $21.9 million. Next up is JACK Cleveland Casino, bringing in just over $20.7 million. The casino was down though for the month, having earned $22.3 million last year.
Hard Rock Cincinnati took third place, earning $19.5 million. This was a significant drop from $21.8 million in 2022. Hollywood Toledo rounds out the list, dropping from $20.5 million last year to $17.8 million this year.
For racinos, the top earner was MGM Northfield Park. The casino brought in just over $25.6 million. This was an increase from the $24.3 million last year. Miami Valley Gaming took the number two spot, earning $20.2 million this year, a nice increase from 2022’s $18.9 million.
Scioto Downs came in third, earning $19.7 million. This was a drop from over $20 million. The remaining racinos brought in $15 million less for the month. Each saw a decrease in monthly totals.
It will be interesting to see how the casinos and racinos fare going into the next few months. The state is already on pace for a record year in general, but the summer months tend to be much slower due to vacationing and outdoor activities.
We will keep track of upcoming earnings and information to see if the state displays and upward or downward trend.
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