Casinos in Ohio Proving to Be a Boon for the State

Ohio CasinosHorseshoe Casino in Cleveland has ended the year with a bang. The casino recorded its highest ever revenue in December 2014. According to the Ohio Casino Control Commission, Cleveland’s casino gross revenue stands at $21.8 million.

Last year same time, the gross revenue stood at $18.27 million. The year 2014 has been a good one for all the four Ohio-based casinos. Officials revealed that month-on-month figures are very encouraging and that the months of November and December have been the most positive for all the casinos.

Last December marked three months for seven Ohio-based casinos. Statewide is the only player among the seven players who reported de-growth. However, the casino did well in the month of November and December compared to the earlier year. That being said, it lost close to $12 million compared to the earlier year.

Apart from them, ThristleDown casino showed a de-growth of 14.6% as compared to December 2013. The company’s revenue was up from $8.9 million in November to $9.1 million in December. The most encouraging part of this casino was that it averaged $230 per day for its video lottery section.

Hard Rock casino based in Northfield Park saw a jump of $1.3 million from November to December. Although the revenue dropped from September to October, the VLTS stood at 2218. The gross for video lottery per day stood at $230.

Hollywood Gaming casino located at Mahoning Valley Race Course, averaged at $267 for their video lottery transaction. The VLTS is a healthy 866 and the company’s gross figure for the month of December stood at $7.2 million.

Hollywood Casino in Columbus was brought at a high price of $17.28 million. The company’s figures last November and December were at $16.8 million and $16.5 million respectively. The net income from 2,268 slot machines stood at $11.98 million, whereas the incomes from table games were a decent $5.3 million.

Horseshoe Casino in Cleveland earned $218 per day in the month of December- $11 million from slots and $10.2 million from table games. The average income per day in December 2013 stood at a cool $203!

Hollywood Toledo casino saw a growth of $1.1 million in December as compared to November 2014. The casino’s income in December 2013 stood at $14.26 Million compared to $15.1 million of December 2014. This is a very healthy jump year-on-year. Although Hollywood Toledo casino saw a de-growth from October to November 2014.

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