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Ohio Casinos Win $178.7M During February

Revenue Increase Year-Over-Year And Month-Over-Month

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Columbus, OHOhio casinos continued their winning ways in February as retail and online sports betting approaches later this year.

According to state figures released on Monday, the four Las Vegas-style casinos won $75.2 million during February, up 11.3% compared to February 2021. The seven racinos won a combined $103.5 million, up 13.7% year-over-year when COVID-19 restrictions were still in place.

Combined, the properties won $178.7 million from gamblers.

In January, the same properties won $171 million.

The casinos are regulated by the Ohio Casino Control Commission, while the racinos are regulated by the Ohio Lottery Commission.

Revenue figures from the four Las Vegas-style casinos were:

  • Jack Cleveland Casino: $20.2 million
  • Hard Rock Cincinnati: $18.6 million
  • Hollywood Columbus: $18.4 million
  • Hollywood Toledo: $18.1 million

Ohio casinos and racinos combined to generate $2.31 billion in gambling win in 2021, an increase of 58.67% compared to 2020 when they were forced to close completely.

The figure was a record amount for the Buckeye State industry, which began in 2012.

In calendar year 2021, Ohio gambling facilities accounted for 4.3% of the nationwide commercial casino gaming win of $53 billion, which was a new all-time high for U.S. casinos.

In 2019, nationwide casino win was $43.65 billion, of which Ohio accounted for $1.94 billion (4.4%).

Ohio has lagged behind other states due to not having sports betting, but the state legalized it late last year and sportsbooks are expected later this year.

 
 
Tags: Ohio,   Poker Revenue