Better weather raises racino and casino revenue
AUSTINTOWN
Warmer temperatures coincided with more revenue statewide at the state’s casinos and racinos, such as Hollywood Gaming at Mahoning Valley Race Course.
Credits played jumped almost a full $10 million credits from February to March – $65,501,788 in February to last month’s $75,138,893 – and credits won jumped more than $8 million to $66,637,349. The net win, or revenue, jumped more than $1.1 million to $7,985,259 in March.
That net win was distributed with $5,283,646 staying with Hollywood Gaming and $2,675,062 going to the Ohio Lottery Commission and $26,551 to problem gaming services. The facility averaged 865 video lottery terminals, one fewer than the previous four months, and the win per VLT per day was $298. For many of those categories, it was the first time the numbers hit close to October’s still-high posting during the racino’s first full month of operations.
43
