Ohio’s casinos, racinos break a record (again) with $218 million of revenue in March

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Ohio’s casinos, racinos break a record (again) with $218 million of revenue in March
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The casino in the Greater Cleveland area that brought in the most money in March was MGM Northfield Park ($26.4 million).

JACK Cleveland Casino in downtown Cleveland on September 10, 2022. David Petkiewicz, cleveland.comCLEVELAND, Ohio — Ohio’s casinos and racinos brought another record for revenue in March, breaking a monthly record for the third time in three months.

The state’s 11 casinos and racinos had $217.7 million of gambling revenue in March, according to reports from Ohio’s Casino and Lottery commissions, surpassing the $216.3 million record set in March 2022. These totals exclude money bet on sports and at the horse tracks. The state’s four casinos and seven racinos have brought in a combined $611.6 million in revenue in the first three months of 2023. At this time in 2022, the gambling establishments had just $566.4 million in revenue, and went on to break a yearly record.when the first casino opened — excluding 2020, a year plagued by pandemic-related shutdowns.

Gambling revenue is the money kept by the gambling houses, after paying out winnings, but before state taxes and fees. The four casinos, which can offer slot machines and table games like blackjack, brought in $95 million, up from the $93.3 million made last March. The state’s seven racinos, the gambling houses at horse racetracks that can only offer slot machines, brought in $122.7 million, just about breaking even compared to 2022.which is counted separately from casino and racino revenue, could be helping by driving patrons to visit gambling establishments.

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