According to the latest reports from the Ohio Casino Control Commission and the Ohio Lottery Commission, casinos and racinos in the Buckeye State have already broken the yearly revenue record heading into December.
The latest figures posted by licensed gambling operators for the month of November show that the state has hit $2.11 billion in gambling revenue so far in 2021. This is over $120 million more than the current yearly record set in 2019.
The industry looks set to double the revenue generated in 2020 when forced closures at both casinos and racinos resulted in yearly gambling revenue of just $1.44 billion.
The month of November saw all three casino properties based in the Cleveland-Akron area post positive gains year-on-year.
- MGM Northfield Park — $21.3 million in revenue
- JACK Cleveland Casino — $21 million in revenue
- JACK Thistledown Racino — $14.3 million in revenue
Although casinos and racinos were forced to close from mid-March to mid-June in 2020, gambling revenues have steadily increased across the board in each month since they reopened. Last month saw Ohio casinos set a new monthly record for the fifth month in a row as they generated over $192.7 million in revenue.
Ciaran has been working within the Gambling Industry as a deep analyst since 2019. His deep knowledge and understanding of all the gambling regulations, and processes makes him a true asset, and an always valuable point of view for Gambling Industry News, allowing us to cover every topics from a brand new perspective.