Ohio Casino Revenue Spikes in March For Second-Best Figure Ever

Ohio Casino Revenue Spikes in March For Second-Best Figure Ever
By Jim Tomlin

Ohio casinos had a record revenue month in March and their racino counterparts weren’t far behind.

The four commercial casinos in The Buckeye State combined to collect $93,322,252 last month, breaking the state record of $92,556,028 set in April 2021.

As for the state’s seven racinos (slot machines at racetracks), they combined for almost $123 million in revenue for March, the third best month ever, trailing only the peaks of March and April 2021, when the total topped $124 million in both months. The record of $124.5 million was set last April.

The grand total for all 11 facilities combined was $216,302,995 in March, second behind only the April 2021 total of $217.1 million. The total figure was a slight increase over 12 months earlier when it was $215.86 million; that March 2021 total was third-best ever in Ohio.

That total figure for March was also a 21% increase over the $178.8 million in revenue for February.

Here are three takeaways from a banner month in Ohio gaming.

Ohio Casino Records Fall

Casinos exceeded $90 million in revenue for only the fourth time in state history in March. All of those months have come since March 2021, according to figures from the Ohio Casino Control Commission.

Hard Rock Cincinnati set its record with $22,903,686 in revenue. That broke the mark of $21.5 million, set in July 2021.

JACK Cleveland led the state at $24.5 million in March, the second-best figure in the facility’s history. JACK Cleveland reported $26.1 million in revenue in June 2012, its first full month after opening (it was called Horseshoe Cleveland then).

As for the other casinos, Hollywood Columbus reported $23.4 million in revenue last month and Hollywood Toledo took in $22.46 million.

Two Racinos Break Their Records

Two of Ohio’s seven racinos set records for revenue in March.

MGM Northfield led the state and took in $26,098,143, breaking the mark of $25,330,226 set 12 months earlier. And Miami Valley Gaming in Lebanon reported $20,332,003, topping its record of $19,730,285 set in May 2021.

The other racinos in the state reported the following figures for March, via an Ohio Lottery report: Eldorado Gaming Scioto Downs (Columbus) $21,674,610, JACK Thistledown Racino (Cleveland) $17,537,471, Hollywood Mahoning Valley $14,437,955, Hollywood Gaming Dayton $14,283,746 and Belterra Park (Cincinnati) $8,616,815.

Ohio Offers Sports Betting Guidance

With Ohio sports betting scheduled to launch by Jan. 1, 2023, the state has an app to help guide people through the process and get comfortable without risking any actual money.

JACK Entertainment, the Cleveland-based company that also owns the JACK casinos in Ohio, is offering the betJACK app for free. It’s essentially an opportunity to learn the ins and outs of sports betting without actually gambling yet.

According to a company news release issued this week, the betJACK app awards 100 tokens per day and gives users more tokens if their bets “win” on major U.S. sports, international soccer and more.

The app is designed to resemble an actual sports betting site – in fact, when the state launches real money sports wagering, the app will transition to offer the real JACK platform for betting.

This week, the state Casino Control Commission met to approve more regulations related to the launch of sports betting.

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Contributors

Ohio native Jim Tomlin has 30 years of experience in journalism, mostly in sports. He lends his expertise to BetOhio.com as a writer and editor after previous experience at the Tampa Bay Times, FanRag, Saturday Down South and Saturday Tradition.

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