Gambling revenue in Ohio declines for third straight month
The state came in $7.6m shy of what was posted in June 2021.
Ohio’s casinos and racinos brought in gambling revenue totaling $196.8m in June of 2022, falling $7.6m short of the prior year. This drop also signals the third straight decline for casinos and racinos in the state.
This number represents the money kept by the gambling houses, after paying out winnings but before state taxes and fees. Although the state’s four casinos brought in $3.2m less than 2021, the group was still $11.3m ahead of 2019’s numbers.
For the seven racinos located in the state, the story is similar. Revenue was down $4.5m compared to June of 2021, however, the racinos brought in $16.5m more in June of 2022 than the same month in 2019.
Although the last three months have declined, Ohio has posted a better 2022 in terms of gambling revenue than 2021 so far. The state posted a record number in 2021 of $2.3bn and at the moment, 2022 is on pace to be higher.
Through June 2022, $1.17bn in gambling revenue has been brought in by Ohio’s 11 casinos and racinos. This number is slightly higher than the $1.15bn in 2021 and $970m in 2019, which was just before the pandemic in 2020.
In individual numbers, MGM Northfield Park brought in $23.5m in revenue, up from $23.1m last June. JACK Cleveland Casino had $21.7m, down from $22.8m in the same month of 2021. JACK Thistledown Racino hit $15.2m, down from $17.4m.
Hollywood Columbus brought in $2m less in June of 2022 at $21.1m, while Hard Rock Casino Cincinnati went up to $20.4m in 2022 from $19.3 last year. Hollywood Toledo had the most significant drop to $18.1m from $23.2m in 2021.
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