One casino in the US state of Ohio continues to rack up financial successes. Hollywood Casino Columbus managed to beat all other casinos and racetracks in the state to attain the highest revenue for the previous fiscal year. The same growth has now managed to connect three years in a row.
This figure, among many others related to the Ohio gaming industry, was shared through an Ohio Casino Control Commission report. Other facilities were also cited in the same report, which showed that The Far West Side venue managed to generate a profit of $226 million. This figure is 2.5 percent larger than the same sum in 2017.
Other three casinos in the state also managed to pull off a rise in their annual revenue, even though they all lagged behind Hollywood Columbus. Hollywood Casino Toledo’s revenue measured $202 million for the last fiscal year while Jack Cleveland Casino attained more and ended up with a revenue of $204 million. Between them, Jack Cincinnati Casino revenue stands at $203 million, showcasing a very even distribution between the facilities.
Racinos Success in Ohio
Racinos, or facilities that feature racetracks and video gaming terminals like those of slot machines, but no live table games also managed to have a good fiscal year. Eldorado Scioto Downs generated $175 million in revenue, putting it on the second place in the state. Northeastern Ohio’s Hard Rock Northfield Park came on top as the biggest earner in this domain. As a whole, the casino industry in Ohio generated revenue of 837 million, which is an annual growth of 2.2 percent.
The results might not sound stellar, but for the interior of the US, far from any major commercial or tourist locations, the success is very relevant. Here, it mirrors that of the Detroit casino industry that still manages to work in the profit margins, even in spite of the otherwise stagnant economic situation. Ohio government, with its lapsed or struggling industries, must be thankful to Hollywood Casino Columbus and the rest of the facilities for the continued growth that the gaming sector managed to achieve in the previous year.
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