Ohio Casinos And Racinos Win $184.2 Million In MarchNearly $60 Million Went To State Government In Tax Revenue, Sports Betting Would Provide More Funding |
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Ohio gaming establishments won $184.2 million from gamblers in March, according to reports released by the state’s Lottery Commission and Casino Control Board.
The four casinos, located in Cleveland, Cincinnati, Columbus and Toledo totaled $81.1 million of that revenue. All four were right around $20 million, but Hollywood Casino Columbus edged out Jack Cincinnati, Jack Cleveland, and Hollywood Casino Toledo for the top-earning casino in March with $21.5 million in revenue.
Ohio’s seven racinos won the remaining $103.1 million. Hard Rock Rocksino Northfield Park, which was rebranded to MGM Northfield Park at the start of April, won more than any other facility. It won $24.5 million and was the only property to earn more than Hollywood Casino Columbus.
Casino revenue was basically flat year-over-year, down 0.8 percent, while the racinos were up 6.9 percent from March 2018.
The state government was the big winner in March, taking just shy of $60 million in tax revenue. The state could generate even more in tax revenue if they pass the sports betting bill that was just introduced into the state’s legislature.
Rep. Dave Greenspan, a Republican, and Rep. Brigid Kelly (D) introduced a sports betting bill on Tuesday that would legalize the act in Ohio and provide more capital for public education.
“At its core, this bill is intended to provide additional funding for public education in Ohio by making sports betting legal,” Greenspan told the Sandusky Register. “The format and structure of the bill provides clarity as to the authority overseeing sport betting in Ohio while providing flexibility to address opportunities and challenges facing this newly legalized industry.”
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