Ohio casinos and racinos revenue in September showed a slight decrease from August but had a nice annual incline compared to September 2022.
According to the Ohio Casino Control Commission’s latest report, Ohio’s four casinos and seven racinos generated over $191.9 million in revenue in September.
Of that total, four brick-and-mortar casinos in Ohio made $83.1 million in gross gaming revenue (GGR) in September. The figure represents a 0.9% increase from Ohio’s August gaming revenue and a 2.1% rise compared to September 2022.
Meanwhile, Ohio’s seven racinos generated gaming revenue of $108.8 million.
Ohio online sportsbooks and retail operators collected $690.4 million in betting handle (all bets). Of that number, Ohio sportsbooks generated $668 million in online bets in September, making it the third-highest handle month since the launch.
Hollywood Casino Columbus climbs back up to the No. 1 spot
Throughout September, Hollywood Casino Columbus was the highest-grossing casino in Ohio, dominating the slot revenue collected. The casino has been in the leading position for the total revenue since April, except for August when Jack Cleveland climbed on top.
Of the total $83.12 million in GGR, here’s how much each Ohio casino generated in September:
- Hollywood Columbus: $22. 63 million (table games: $5.38 million; slots: $17.25 million)
- Jack Cleveland Casino: $21.96 million (table games: $9.25 million; slots: 12.72 million)
- Hard Rock Cincinnati: $20.16 million (table games: $7.02 million; slots: $13.14 million)
- Hollywood Toledo: $18.36 million (table games: 2.27 million; slots: $16.10 million)
Jack Cleveland was the most successful in terms of table game revenue for the month.
The September gaming report also shows that Ohio casinos collected $763.4 million in gross gaming revenue from the beginning of the year.
Revenue from Ohio racinos drops monthly but rises yearly
Ohio’s seven racinos – offering video lottery terminals (VLTs) and horse racing – generated gaming revenue of $108.8 million. The figure represents a nearly 3% decline from August but shows a 1.49% annual progress from September 2022’s $107.2 million.
The monthly decrease can be attributed to MGM Northfield Park’s decline in play. Although reporting the highest monthly drop among its competitors, MGM Northfield Park is the biggest revenue earner, generating almost $23 million in September.
Here’s an entire revenue breakdown for Ohio’s racinos:
- MGM Northfield Park: $22.83 million (12.21% monthly drop and a 3.63% yearly drop)
- Miami Valley Gaming: $19.44 million (1.72% monthly progress and 3.19% annual rise)
- Eldorado Gaming Scioto Downs: $18.22 million (1.33% drop from August, with a 0.47% annual progress)
- JACK Thistledown: $15.36 million (2.77% yearly up, with a slight 0.59% monthly rise)
- Hollywood Gaming at Mahoning Valley: $13.20 million (a minor 0.26% monthly drop with a 1.46% yearly improvement)
- Hollywood Gaming Dayton Raceway: $12.85 million (nearly a 5.03% monthly drop but a 7.1% yearly increase)
- Belterra Park Cincinnati: $6.92 million (just 0.63% monthly advancement and 5.5% yearly increase)
Third-most profitable month for Ohio sports betting
The Ohio Casino Control Commission’s September gaming report shows Ohio bettors gambled over $690.4 million on sports throughout September.
Online sportsbooks accounted for 97% of all the bets placed in September. DraftKings led the way with a handle of $261.35 million, followed by FanDuel ($207.85 million) and BetMGM ($46.08 million).
State regulators also reported that Ohio sportsbooks generated $79.3 million in taxable revenue for the state, which more than doubled from August.
Likewise, retail sportsbooks made $2.3 million in taxable revenue, representing an over 64% increase from August. Combined, Ohio’s online and retail sportsbooks produced $81.7 in taxable revenue for the state.
The combined numbers make September the third-most profitable month since the January launch.
https://www.playusa.com/September-2023-Ohio-Casino-Revenue/