Ohio Casinos Report Mixed August 2023 Results, Totaling $89M
Ohio's casino industry experienced a mixed bag of results in August 2023. While three out of the four casinos reported year-over-year revenue increases, one saw a decline. Overall, the state's casinos generated a combined $89 million.
Hollywood Columbus led the pack with the highest revenue, raking in $25.3 million. This figure represents a 7.8% increase from the previous year. The Horseshoe Casino Cleveland, however, recorded the highest revenue loss in Ohio in August 2021 compared to the previous year, though specific figures for 2023 were not provided.
Looking at the games, slots revenue increased by 4.4% to $66 million, while table games revenue rose by 2.5% to $23 million. Hollywood Toledo saw the highest revenue increase for August 2023, rising 8.6% to $20.9 million. Meanwhile, Hard Rock Cincinnati recorded the lowest increase, with revenues up 0.7% to $20.4 million.
Despite the mixed results, Ohio's casinos continue to contribute significantly to the state's economy. With a combined revenue of $89 million in August 2023, the industry shows resilience and growth potential.
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