- Ohio’s casino and racino market brought in $194.3 million in revenue for August.
- Casinos accounted for $82.47 million of that number.
- There are seven racinos in Ohio and four casinos.
COLUMBUS, Ohio - Ohio’s casinos and racinos brought in $194.3 million in revenue over the month of August.
August is typically a bad month for gambling revenue, as sports betting tends to serve as a major traffic driver.
However, sports betting is not allowed in Ohio’s casinos and racinos, which somewhat divorces them from the typical monthly gambling patterns.
The state saw revenues decrease on a month-to-month basis, with June bringing in $211 million and July bringing in $198 million.
However, this is an increase over August 2020 of around 12.4%. August 2020 saw a $172.1 million revenue number that was a record for the month at the time.
One does wonder whether or not that’s a big enough increase considering the drastic difference between the COVID-19 situation now and in 2020.
In terms of what this does for the state itself, tax trackers in Ohio can expect about 33% of the revenue to go to the state’s coffers.
Ohio: Split Market
Ohio’s market is split between casinos and racinos, with casinos making up a smaller portion of the revenue than racinos.
The major reason for this is that there are simply more racinos in Ohio than there are casinos.
In terms of per capita revenue, the casinos bring in more, as the four casinos in Ohio combined to bring in $82.47 million in August.
This means that the casinos in Ohio brought in an average of $20.5 million in August.
The seven racinos in the state brought in the rest of the $194.3 million, meaning each racino brought in an average of around $15 million.
The biggest revenue contributor of the racinos was MGM Northfield Park, which brought in a significant portion of the casino revenue at $23.3 million, a 20.8% increase over last August.
The biggest casino revenue contributor was JACK Cleveland Casino, which brought in almost $22 million in August.