The Ohio Casino Control Commission has released its latest monthly revenue report revealing that casinos, racinos and sportsbooks combined to generate $254.25 million taxable revenues in November.
Casinos and Racinos
Ohio’s casinos and racinos posted $186.1 million in revenues for the month of November. This was an increase of 1.3% on the $183.6 reported in November 2022 but slightly less than the $187.8 million reported in the previous month.
The state’s four casinos reported combined gaming revenues of $80.4 million, down by just over 4% from the $83.8 million reported in the same period in 2022.
- Hollywood Columbus – $21.7 million
- Jack Cleveland Casino – $21.3 million
- Hard Rock Casino Cincinnati – $19.7 million
- Hollywood Toledo $17.6 million
Meanwhile Ohio’s racinos generated $105.7 million in revenues. This was a drop of 3.2% from the $109.2 million reported in November 2022.
- MGM Northfield Park – $23.6 million
- Miami Valley Gaming – $19.1 million
- Scioto Downs – $16.9 million
- JACK Thistledown Racino – $14.5 million
- Hollywood Mahoning Valley – $12.6 million
- Hollywood Dayton – $12.3 million
- Belterra Park – $6.4 million
This brings the year-to-date total for casino gaming at casinos and racinos to $2.17 billion, a jump of 1.4% on the same period in 2022.
Sports Betting in Ohio
Ohio’s licensed online and retail sports betting operators accepted over $864.2 million in wagers during the month of November. This was the second highest total since January 2023 and a 15.8% increase on the previous month’s handle. Of that figure, $841.1 million was placed through online sportsbooks. Since sports betting in Ohio launched in January of 2023, sportsbooks have take in over $6.8 billion in wagers.
DraftKings was the online sports betting market leaders in terms of revenue, generating over $22.5 million in taxable revenues. Its nearest competitor FanDuel generated $20.9 million in revenues. This means that both DraftKings and FanDuel accounted for just over 65% of all taxable revenues in the online market. Total online sports wagering revenues came to $66.7 million for the month of November.
The state’s 15 retail sportsbooks reported taking in $23.1 million in wagers during November, a slight increase of $1 million compared to the previous month. Revenues from the land-based industry came to $1.3 million, down by 45.8% from October.
2023 Sports Handle, Revenues & Taxes in Ohio
| Period | Total Handle | Sportsbook Revenue | Win % | Adjusted Sportsbook Revenue | State Taxes |
|---|---|---|---|---|---|
| Jan 2023 | $1,114,101,739 | $209,049,302 | 18.76% | $209,055,880 | $20,922,359 |
| Feb 2023 | $639,795,553 | $82,879,568 | 12.95% | $82,987,169 | $8,306,004 |
| Mar 2023 | $738,613,175 | $95,313,124 | 12.90% | $95,346,224 | $9,551,057 |
| Apr 2023 | $522,703,584 | $63,819,857 | 12.21% | $63,898,463 | $6,405,348 |
| May 2023 | $447,477,360 | $57,951,152 | 12.95% | $58,002,520 | $5,819,393 |
| Jun 2023 | $363,066,723 | $32,604,975 | 8.98% | $32,747,673 | $6,547,122 |
| Jul 2023 | $331,931,139 | $37,229,873 | 11.22% | $37,237,844 | $7,458,022 |
| Aug 2023 | $379,531,071 | $40,786,643 | 10.75% | $40,777,284 | $8,155,456 |
| Sep 2023 | $690,378,913 | $81,533,401 | 11.80% | $81,767,838 | $16,353,567 |
| Oct 2023 | $746,298,634 | $80,228,276 | 10.75% | $80,577,223 | $16,115,444 |
| Nov 2023 | $864,220,822 | $67,766,591 | 7.84% | $68,152,085 | $13,630,417 |
| Totals | $6,838,118,713 | $849,162,762 | 11.92% | $850,550,203 | $119,264,189 |
Jose is an iGaming analyst with wide experience within the sector. He has been working as content writer on casino and betting websites for more than 10 years, contributing on websites like Pokerlistings, Casinobee, Betpack among others, sharing his insights and perspective for the future ofthe iGaming market.
