Slot revenue for May is $9.48M


June 8, 2017 at 12:00a.m.

Slot revenue for May is $9.48M

AUSTINTOWN

Hollywood Gaming at Mahoning Valley Race Course slot machines brought in $9.48 million in May with an average of 1,002 machines.

In May 2016, the racino brought in $8.44 million with an average of 936 machines, according to the Ohio Lottery Commission.

The state’s seven racinos brought in $82.6 million in slot-machine revenue with an average of 10,999 machines in May. That compares with $78.2 million in revenue brought in during May 2016 with 10,758 machines.

The state’s four casinos brought in revenue of $70.2 million in May, which compares with $66.5 million made in May 2016.

Involta facility

INDEPENDENCE

Involta LLC, an award-winning national provider of IT intelligence and end-to-end infrastructure, recently announced the opening of its 25,000-square-foot facility in Independence.

Involta’s Ohio footprint includes data centers in Akron, Columbus and two facilities in Youngstown in addition to the Independence facility. Involta now owns and operates 14 data centers across five states and is building its 15th facility near Pittsburgh, scheduled to be completed in the fall.

Ford increasing production of SUVs

DETROIT

Ford Motor Co. will operate its Kentucky SUV plant for an extra week this summer to meet demand for the Ford Escape and Lincoln MKC.

Ford’s North American plants normally have a two-week shutdown in July, but the Louisville Assembly Plant will take only one week. It will build more than 8,500 vehicles during that extra week.

U.S. sales of the Escape were up 3 percent through May, while MKC sales were up 10 percent. Overall industry sales are down 2 percent, according to Autodata Corp.

South Korea: North Korea fires several short-range missiles

SEOUL, South Korea

North Korea fired several projectiles believed to be short-range surface-to-ship cruise missiles off its east coast today, South Korea’s military said, a continuation of weapons tests that have rattled Washington and the North’s neighbors as Pyongyang seeks to build a nuclear missile capable of reaching the continental United States.

South Korea’s Joint Chiefs of Staff said in a statement that the launch came from the North Korean eastern coastal town of Wonsan, and that the projectiles likely flew about 125 miles.

North Korea, which could have a working nuclear-tipped ICBM in the next several years, may be the most urgent foreign policy concern for the Trump administration, which has been distracted by domestic political turmoil.

Staff/wire reports

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Alcoa Inc., .1232.78-0.16

Aqua America, .71 32.970.18

Avalon Holdings,2.690.10

Chemical Bank, .2746.110.85Community Health Sys. 8.47 -0.02

Cortland Bancorp, .2818.750.00

Farmers Nat., .1613.90-0.10

First Energy, 1.44 29.140.08

Fifth/Third, .5223.870.25

FirstMerit Corp.,--

First Niles Financial, .129.670.04

FNB Corp., .4813.640.14

General Motors, 1.5234.350.30

General Electric, .9227.67-0.26

Huntington Bank, .28 12.690.24

iHeartMedia Inc.,1.940.00

JP Morgan Chase, 1.9283.910.95

Key Corp, .3417.800.31

LaFarge, .34--

Macy’s, 1.51 21.81-0.09

Parker Hannifin, 2.52 152.67-3.12

PNC, 2.20119.901.75

Simon Prop. Grp., 6.60155.252.16

Stoneridge 15.250.00

United Comm. Fin., .12 8.290.16

Selected prices from Wednesday’s 4 p.m. close.