Another successful month in October for Ohio casinos and casinos

According to the Ohio Casino Control Board’s latest earnings report, state casinos and casinos earned more than $192.7 million in October, setting a new monthly record for the fifth consecutive month.

The latest figure is a 14% increase from the same period in 2020, when operators made $169.1 million at a time when some casinos were operating with limited capacity due to the pandemic. October also increased by 22% compared to the same period in 2019.

The total amount reported by the committee is revenue generated by operators after the prize money was paid to the players, but revenue generated before taxes and fees were paid to the state. Taxes paid to the state account for about a third of the reported figures, meaning the state earned about $64 million in October alone.

The industry also set a monthly record of $185.3 million in September, $194.3 million in August, $211.2 million in July and $196.8 million in June.

Casinos and casinos were closed from mid-March to mid-June 2020, but gambling revenues have steadily increased from the previous month since the industry fully resumed.

In particular, the Cleveland market revived, rising 16.63% from $52.9 million in October last year to $61.7 million in gambling revenue in the city.

Jack Disteldown Racinos sales rose 19.6% to $16.5 million.
Jack Cleveland Casino’s revenue rose 15% to $21.45 million.
MGM Northfield Park revenue rose 16.7% to $23.7 million.
MGM Northfield Park posted its highest profit in the state for the month as Hollywood Columbus closely trailed it with $21.48 million in revenue.

All the totals posted above are revenue generated only from casino games. Revenue posted by the casino includes only the total of slot machines and video lottery terminals. Racing earnings are reported separately. 슬롯머신