The Ohio Casino Control Commission has released its latest monthly revenue report showing that the state’s licensed casinos and racinos set a new monthly record for the month of August as revenues topped $194.3 million for the month.
Last year saw the state’s 11 gambling venues set a new record of $172.1 million for the month of August, almost $8 million more than the previous record of $164.4 million set in 2019.
Yet despite August being a record-breaking month, gambling revenues dropped in the last month of summer. Both June and July had saw industry set new records for each month as casinos and racinos generated $196.8 million and $211.2 million respectively.
The report also reveals that the first eight months of 2021 saw gambling revenues top $1.6 billion with almost a third of that paid to the state in gambling taxes and fees.
The leader in the Cleveland/Akron market for the month of August was MGM Northfield Park with a revenue figure of $23.3 million. This was a jump of 20.8% from the $19.3 million the casino posted in August 2020.
Jack Cleveland Casino followed up with revenues of $21.9 million, up 20.2% from $18.2 million generated in the same period in 2020. Meanwhile Jack Thistledown Racino posted a revenue figure of $17 million, up 20.8% from the $14.1 million it generated in August 2020.
In other Ohio gambling news, the state’s Senators have passed Senate Bill 176 that will establish a sports betting industry that will launch on April 1st 2022. The bill must now be signed by the governor before the Ohio Casino Control Commission can start creating a set of rules and regulations for potential sports betting operators.