Ohio Gambling Revenue Up 10 Percent In May

Ohio Gambling Revenue Up 10 Percent In May

The Ohio gambling industry has shown strong performance in May. The gambling revenue generated by the casinos after paying out the winnings have gone up by 10.4 percent year-on-year.

The gambling revenue figures have been released on Friday, by the state lottery and casino control commission.

Amongst the top gainers are the MGM Northfield Park, Jack Cleveland Casino, and Jack Thistledown Racino. The revenue jumped 9.3% at the MGM Northfield Park, 15% at Jack Cleveland Casino and 17.3% at JACK Thistledown Racino.

The total revenues generated by the 11 casinos and racinos in Ohio was recorded $169.4 million in May, while in 2018 for the same period in 2018 the revenues generated amounted to $153.5 million.

The seven racinos generated $95.9 million from slot machines, up 13.2% from $84.8 million in May 2018, the Ohio Lottery Commission reported.

The four casinos in Cleveland, Cincinnati, Columbus and Toledo had a total of $73.5 million in revenue from slots and table games, up 7% from $68.7 million, the Ohio Casino Control Commission reported.

Only four casinos in the state are allowed to offer table games. The Cleveland casino topped the chart in generating revenues from table games. It generated $8.9 million in revenue, which is about 38% of table game revenue statewide.

The state gets around 30 percent of the revenues, which is then channelized to fund different social projects.

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