Arts & Entertainment, etc. and Casinos and Gambling

Cincinnati casino brings in $21M in first month

April 9, 2013

Regulators say Ohio's newest casino raked in $21 million in revenue during its first month of operation.

The Ohio Casino Control Commission on Monday released the first revenue report for Horseshoe Casino Cincinnati. The $400 million facility opened March 4, so the report represents just under a full month of operation.

The Cincinnati casino is expected to drain some gambling revenue that would otherwise go to Indiana.

The state's three other casinos in Toledo, Cleveland and Columbus each topped $20 million in the first full month. Cleveland's first-month revenues in June were the largest, at $26.1 million.

Monday's revenue report also showed that the casinos in Toledo, Cleveland and Columbus saw increases in revenue from their February numbers.

Statewide, casino revenues jumped from $55.5 million in February to $84.3 million in March.

A third of all casino revenue goes to Ohio schools, counties and cities.


 

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