Ohio casino revenue dropped slightly in 2015

Staff report

YOUNGSTOWN

Ohio’s four casinos are holding their own despite competition from the state’s seven racinos, with casino tax revenues to Trumbull, Mahoning and Columbiana counties and the city of Youngstown for 2015 only slightly below those of 2014 when each year is taken as a whole.

A fourth-quarter comparison, however, shows revenue from fourth-quarter casino gambling activity in 2015 outperformed the same quarter in 2014, but fell below the final quarter of 2013, according to recently released Ohio Department of Taxation figures.

The numbers are based on all four Ohio casinos having been in operation throughout the comparison period and paying a 33 percent gross revenues tax.

Casino tax revenues are distributed quarterly to Ohio’s 88 counties and eight major cities, including Youngstown.

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