Dayton racino has big opening weekend


Dayton racino has big opening weekend

DAYTON

The numbers show that the state’s newest racino had a big opening weekend.

Hollywood Gaming at Dayton Raceway, which opened Aug. 28, recorded nearly $1.9 million in net winnings during the four days it was open in August.

The racetrack and gaming palace also reported it took in an average of $466 million per slot machine per day, the highest total among the state’s six racinos — but that’s expected to level off.

The statewide average in August was $215.

The racino opened with 1,010 slot machines in play, but it has room to expand if they produce big numbers.

The Dayton Daily News reports that the racino employs about 500 and currently has more than three dozen job openings. Harness racing starts there Oct. 3.

BP dividend

Directors of BP announced that the interim dividend for the second quarter 2014 would be $0.0975 per ordinary share ($0.585 per American Depository Share). This interim dividend is to be paid Sept. 19 to shareholders on the share register of Aug. 8. The dividend is payable in cash in sterling to holders of ordinary shares and in U.S. dollars to holders of ADSs.

A scrip dividend alternative has been made available for this dividend allowing shareholders to elect to receive their dividend in the form of new ordinary shares and ADS holders in the form of new ADSs.

Sterling dividends payable in cash will be converted from U.S. dollars at an average of the market exchange rate over the four dealing days from Sept. 3-8. Accordingly, the amount of sterling dividend payable in cash Sept. 19 will be 0.9593 pence per share.

Gas prices fall

YOUNGSTOWN

As of Tuesday, Northeast Ohio gas prices went down nearly 6 cents a gallon this week to $3.409, according to AAA East Central’s Fuel Gauge report.

The area average for Youngstown is 4 cents cheaper at $3.368. At the Marathon gas station, 4050 Youngstown-Poland Road, a gallon of unleaded gas is priced at $3.349.

The national average gas price is $3.43 per gallon.

HBK open house

CANFIELD

HBK CPAs & Consultants, HBKS Wealth Advisors, HBK Valuation Group and HBK Energy have moved to their new location, 6603 Summit Drive, Canfield.

They are hosting a Client Appreciation and Community Open House from 5 to 7 p.m. next Wednesday, which includes tours of its new facility.

Gabriel Brothers opens in Niles

NILES

Gabriel Brothers will open its new store at the Eastwood Mall Complex in early November in the McKinley Centre section of the complex, near PetSmart and Big Lots.

Gabriel Brothers sells designer brands and fashions for up to 70 percent off department- and specialty-store prices.

Staff/wire reports

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Aqua America, 2.68, 24.57 —.21

Avalon Holdings,4.20.01

Clear Channel, 2.74, 22.25 —.10

Cortland Bancorp, 1.19, 13.40.00

Farmers Nat., 1.56,7.70 —.03

First Energy, 4.21, 34.16—.09

FirstMerit Corp., 3.65,17.50 —.10

First Niles Financial, 2.22,9.00.00

FNB Corp., 3.86,12.43—.29

General Motors, 3.63,33.07—.18

General Electric, 3.40,25.89—.20

Huntington Bank, 2.03, 9.84—.12

JP Morgan Chase, 2.71,59.09—.80

Key Corp, 1.91,13.59—.18

LaFarge, 1.78, 19.12 .04

Macy’s, 2.07, 60.42—.22

Parker Hannifin, 1.62, 118.44.86

PNC, 2.26,84.80—.67

RTI Intl. Metals,27.57—.66

Simon Prop. Grp., 3.02,172.46.07

Stoneridge 12.76 .00

Talmer Bank, .07, 14.75—.02

United Community Fin., .88, 4.56—.04

Selected prices at 4 p.m. Tuesday. Provided by Stifel. Not to be construed as an offer or recommendation to buy or sell any security.