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Ohio Reports $84.6 Million Casino Revenue in May 2024

Collins Garrett

Updated on July 4, 2024 at 5:18 PM EDT • 61-second read. Twitter and Google News links included.

Hollywood Casino in Ohio as we look at Ohio Casino financials for May 2024.
Hollywood Casino in Ohio. Photo by: Fred Squillante/The Columbus Dispatch News.

In May, Ohio casinos brought in $84.6 million in revenue, marking the second most profitable month of 2024, according to the OCCC. Currently, the state only has brick-and-mortar casinos and does not offer real money online gambling options.

In May, revenues increased by 1.3% compared to April, reaching $84.5 million. However, they were 11% lower than March’s revenues of $94.7 million, which was the state’s highest-grossing month this year. Ohio’s total casino revenue up to May is $421.5 million, with slots bringing in $115 million and table games generating $306.5 million.

Revenues

Slots generated over $62.4 million of the total monthly revenue, with table games contributing the remaining $22.2 million.

The state of Ohio boasts four land-based casinos in its largest cities. Hollywood Columbus came out on top with $23.6 million in revenue, with Jack Cleveland following closely behind at $21.3 million. Hard Rock Cincinnati brought in $20.4 million, while Hollywood Toledo had $19.1 million in revenue.

Furthermore, Ohio’s seven racinos brought in $119.8 million in revenue in May, contributing to a total of $204 million in revenue when combined with the state’s casinos. This marks a 4% increase compared to the previous year and represents the highest May revenue since 2021. Overall, Ohio has now surpassed $1 billion in total revenue for the year.

MGM Northfield Park led the way as the most profitable racino, bringing in $26.8 million in revenue. Following closely behind were Miami Valley Gaming with $21.6 million, Scioto Downs with $19.9 million, JACK Thistledown Racino with $15.4 million, Hollywood Mahoning Valley with $15 million, Hollywood Dayton with $13.3 million, and Belterra Park with $7.6 million.

At the beginning of the week, the OCCC announced Ohio sports betting results for May, showing that adjusted gross revenue from both online and retail sportsbooks exceeded $67.2 million, representing a 16.4% increase from the previous year.

Written By:
Collins Garrett
Ziv has over two decades of experience in the igaming and sports betting industry, having served in senior marketing and business development positions with both B2C and B2B companies, including Playtech and Microgaming. In 2019, Ziv decided to pursue his passion for writing and became a fulltime industry journalist, covering casino, sports, and gambling business news. He’s specialties include casino games and technology, US state gambling regulation, company performance, as well as gambling affiliates and marketing. As a Pitt graduate, Ziv is a diehard fan of all Pittsburgh sports teams, with the Steelers at the top of the list. In his free time, he enjoys reading crime fiction, biographies (mainly of sports personalities, but not only) and American history. Ziv’s Favorite quote: “We’re going to pursue perfection, knowing full well we won’t catch it, but we’re going to relentlessly chase it,” Mike Tomlin, Pittsburgh Steelers Head Coach.