Ohios record-breaking gambling revenue may be slowing down, still on pace to break 2021 record – cleveland.com

CLEVELAND, Ohio Ohios casinos and racinos hot streak may be showing signs of slowing down, but theyre still on pace to break the record set in 2021, and are bringing in much more revenue than they did before the COVID-19 pandemic.

Ohios casinos and racinos brought in $202 million in gambling revenue in May, down from the $209 million brought in during May 2021, according to reports Tuesday from the Ohio Casino Control and Lottery commissions. This is the money kept by the gambling houses, after paying out winnings, but before state taxes and fees.

Its well ahead of the $169 million of revenue brought in during May 2019. Ohios gambling establishments were closed in May 2020.

The four casinos saw little change, just one-fifth of a percent from 2021 in May. Revenue at Ohios seven racinos is down 6%.

So far in 2022, Ohios casinos and racinos have brought in $984 million of gambling revenue, ahead of the $954 million of revenue brought in by this time in 2021. The states gambling revenue broke a record last year, totaling $2.31 billion.

All three Cleveland-area gambling centers, however, were down in May from a year ago.

Revenue at Jack Thistledown Racino in North Randall was $15.8 million, down from the $19.1 million in May 2021.

JACK Cleveland Casino had $22.3 million in revenue, down from $22.5 million.

MGM Northfield Park had $24.4 million in revenue, down from $25 million.

About a third of this gambling revenue is turned over to the state in the form of fees and taxes.

Ohios seven racinos, which are overseen by the Ohio Lottery Commission and are limited to chance-based slot machines known as video lottery terminals. The states four casinos are in Cleveland, Cincinnati, Columbus and Toledo and can have skill-based table games.

Ohio Casinos Revenue

Ohio Racinos Revenue

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Ohios record-breaking gambling revenue may be slowing down, still on pace to break 2021 record - cleveland.com