Scioto Downs Casino table games

Ohio’s racinos pull ahead of casinos for gaming revenue
April 3, 2016 – 02:45 am
Scioto Downs Racino

Gamblers play the slots at Hollywood Casino Columbus.

Janet Adams

With Ohio’s seven harness-racing facilities open and building customer bases, the state’s four casinos gave up the gaming crown in April.

Hollywood-branded casinos in Columbus and Toledo, along with Horseshoe facilities in Cincinnati and Cleveland, generated $69.5 million in revenue after paying out winnings, according to a new monthly report from the Ohio Casino Control Commission.

Scioto Downs and the state’s six other racinos, meanwhile, raked in $70.5 million, according to a report from the Ohio Lottery Commission, marking only the second time in Ohio’s three years of legalized gaming that racinos beat out casinos - the other being last October.

In Columbus, Eldorado Resorts Inc.’s (NASDAQ:ERI) Scioto Downs Racino pulled in revenue of $12.4 million in April, up nearly 8 percent from $11.5 million a year earlier.

A dozen miles away, Penn National Gaming Inc.’s (NASDAQ:PENN) Hollywood Casino Columbus kept $18.6 million after paying out winnings, up about 7 percent from $17.4 million in April 2014.

Though Hollywood reined supreme in Columbus, Scioto Downs out-earned it with slot machines. Scioto Downs’ 2, 146 slots generated $12.410 million compared to Hollywood’s 2, 237 that pulled down $12.399 million.

However, if Scioto Downs had paid out customers at Hollywood’s rate, 91.71 percent, instead of its own, 91.11 percent, it would have generated only $11.572 million.

You might also like
Times Leader / Mohegan Sun table games demo - Blackjack
Times Leader / Mohegan Sun table games demo - Blackjack
Times Leader / Mohegan Sun table games demo - Craps
Times Leader / Mohegan Sun table games demo - Craps
Free Online Slots With Free Spins : Alexander Edition - Wheel Of Fortune Slots, Deal Or No Deal Slots, Ghostbusters Slots, American Buffalo Slots, Video Bingo, Video Poker And More!
Mobile Application (IDM Dev Game)
  • This app is for entertainment purposes only!
  • No real money or any other goods and/or services of the real world can be acquired in this game!
  • This app does not reflect the actual gameplay in any casino, online or other electronic gaming machine. The payout percentages, odds, payout methods, and other features...
Flat River Group 2 Deck Card Shuffler
Sports (Flat River Group)
  • Automatically shuffles up to 2 decks of cards
  • Fun for the whole family!
  • Easier on your cards than manual shuffling
  • Requires 2-C batteries, not included
Pair Me Up! - real Las Vegas Casino Table Game; not
Pair Me Up! - real Las Vegas Casino Table Game; not ...
Casino At Ocean Downs To Add Table Games
Casino At Ocean Downs To Add Table Games
Flat River Group Dry Branch Sports Design 9" Poker Dogs Figure
Toy (Flat River Group)
  • 1 full sculpture
  • All very highly detailed
  • Figure has 9 base
Flat River Group Munchkin Level Playing Field Card Game
Toy (Flat River Group)
  • A Munchkin board designed to fit in the box you already have!
  • Comes with four new cards!
  • One side is designed for Epic Munchkin, with Levels up to 20!
  • 1-2 Hours
  • 10+
  • One two-sided game board, four cards, and 12 tokens
  • Great complement to the Munchkin family of games
  • For 3-6 players
Sourcebooks The Illustrated Guide to No-Limit Texas Hold'em: Making Winners out of Beginners and Advanced Players Alike!
Book (Sourcebooks)
  • ISBN13: 9781402207242
  • Condition: Used - Very Good
  • Notes: 100% Satisfaction Guarantee. Tracking provided on most orders. Buy with Confidence! Millions of books sold!
Related Posts