The start of the NFL season appeared to be fortuitous for Ohio casinos and other gaming establishments where gaming expansion occurred across the state. Per a recent report, Ohio’s gambling industry experienced significant growth in September, with casinos and lottery systems bringing in impressive. According to the Ohio Control Commission, total casino revenue for the month hit $81.6 million, marking an increase of nearly $3 million compared to the same period last year. Noted in the same article, slot games were the largest contributors, bringing in almost $59 million of the total casino revenue. Meanwhile, table games added just over $22.6 million to the state’s gaming funds. This growth adds to Ohio’s strong year-to-date performance, which has seen total casino revenue surpass $752.3 million. Of that, $548.6 million came from slot games, while table games generated more than $203.6 million.
In this article, SBS will be going over what to look for from the latest gaming news coming from Ohio along with some additional notes and information regarding Ohio gaming updates.
Noted in the same article, Ohio’s gaming industry continues to see steady revenue gains. September’s performance marks another successful month for the state’s regulated casino operations, which are “poised to keep boosting the local economy.” Ohio’s lottery system, the article documents, also reported strong results. The State’s video lottery terminals (VLTs) generated over $1.23 billion in credits from players in September. With more than $1.1 billion in winnings handed out. Additionally, the state’s net win totaled $109.4 million. Distribution of this revenue saw over $72.4 million going to the Racino Commission, $36.6 million to the Ohio Lottery, and the remainder allocated to responsible gaming services and unclaimed credit vouchers.
Additionally, the sports betting industry in Ohio also produced impressive results. Noted in the article, with a total handling of $863 million for September, the state experienced a notable surge of more than $150 million from the previous year. The largest wagers, $842.4 million, were put by online bettors, while $20.6 million were placed at physical venues. Over $105.6 million was made throughout the month by Ohio’s sports betting industry. The gambling industry in Ohio is still thriving and providing a significant amount of funding for state initiatives as other states authorize sports betting.
While September’s numbers show a decline compared to the previous month, they did remain steady year-over-year per another source. The state’s racinos performed relatively well. Moreover, Ohio’s 11 casinos and racinos brought in approximately $191 million in gambling revenue in September, a $13 million decrease from August’s record-setting number of just over $204 million. The previous record was set in August 2022, at $196 million. In September 2023, these casinos and racinos reported about $190 million in revenue, according to the Ohio Casino Control and Lottery commissions. The four casinos made almost $82 million in gambling revenue in September. This is about a $1 million decrease from September last year.
Ohio’s seven racinos are gambling venues at horse racetracks offering only slot machines. They do not offer table games with an example of this being at MGM Northfield Park per one article. Additionally, racinos are regulated by the Ohio Lottery Commission. In 2009, Ohio voters approved a constitutional amendment permitting four casinos in the state; an executive order allows Ohio’s seven racetracks to operate video lottery terminals (VLTs). Casinos, on the other hand, have no race track and of course, offer table games. They do share one similarity with racinos (other than slot machines) as they are also regulated by the Ohio Casino Control Commission.
Revenue at Ohio racinos are up overall from last year as these establishments made about $109 million in September. This is an increase from $107 million they made in September last year. Additionally, the Lottery Commission’s totals do not account for bets placed on horse races, or sports betting figures. In the first eight months of 2024, Ohio’s gambling establishments have reported roughly almost $2 billion in revenue, showing no significant change compared to the same period last year.
On a separate note, the article notes the importance of the Ohio gaming tax rate. More specifically, the gross casino revenue tax is a daily levy of 33% on casino operators’ gross revenue. This revenue encompasses all funds exchanged by patrons for chips, tokens, tickets, electronic cards, or similar items, minus the winnings paid out.
After you are all dialed in relation to the latest gaming news and notes coming from Ohio, make sure to check out the excellent array of information for you only at SBS. Of course, for additional analysis on the region covered here, make sure to peruse the Ohio sports betting guide which goes over all of the latest updates coming from the Buckeye State and beyond. For those interested in maximizing their wagers, look no further than the best bonus betting sites breakdown. On this page, you can find a catalog of the latest and greatest welcome bonus offers available to you, if you are eligible. Additionally, for those on the go, the best betting apps rundown is a fantastic page to learn more about the perks of mobile betting sites and how you can stay on top of the action if you qualify.
About the Author
As a devout aficionado of sports, Chris Boline has carved a career within the athletic realm. A skilled scribe, he boasts a decade-long portfolio that encompasses coverage of the NBA G League, the Los Angeles Chargers, football and basketball across the country. Beyond his professional pursuits, Chris is deeply invested in his community and dedicates his leisure hours to serving on boards, collaborating with community organizations, and cherishing the company of loved ones. CURRENTLY Business Development and freelance sports writing RESIDES IN Reno, NV EDUCATION University of Nevada BS and MBA EXPERTISE -Sports writing proficiency in: NFL, NBA, UFC, boxing, golf, and some motor sports -Topical news -Promotional and marketing ideas/updates -Business development Summary Chris Boline serves in a business development sales capacity as his day job. He has previously held sales/marketing positions with The Applied Companies (TAC), KTVN 2 News and the NBA G League’s Reno Bighorns, affiliate of the Sacramento Kings. He is a Reno native and is a member of various community boards including the Nevada Sagebrush Alumni Chapter, NCET and the College of Business Alumni Association (COBAA). Chris graduated from the University of Nevada in 2015 with a bachelors in management and economics and also earned his MBA from Nevada in 2023. More about Chris: Past president of the College of Business Alumni Association (COBAA) 2022-23 Two-time honoree for University of Nevada Alumni Chapter of the Year (Nevada Sagebrush Alumni Chapter, 2017 & COBAA, 2021) 2021 NCET award for Professional Services Organization of the Year with TAC Northern Nevada Human Resources Association 2020 Best Places to Work-Northern Nevada, Second Place with TAC 2016-17 Reno Bighorns MVP from the Sacramento Kings The Nevada Sagebrush editor-in-chief 2013-15 Associated Collegiate Press 2015 Four-year Non-daily Newspaper Pacemaker honoree University of Nevada, Reno College of Business Dean's List honoree (5x) from 2011-2015 Nevada Press Association award for Best Sports Column – Community in 2015 Education
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