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Ohio casino see drop in revenues after 2 months

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August 07, 2012

Revenues for Ohio casinos drop in second month after opening.

The casino revenue report was released on Tuesday by the Ohio Casino Control Commission. Casinos in Toledo and Cleveland reported revenues in July of $43 million. In June that casinos reported $46 million. July showed a 7 percent decrease.

The Hollywood Toledo Casino showed the biggest loss in slot gaming for July. The casino was down 13 percent totaling $170 million. In June, the casino earned $195 million.

Revenues that are earned by the casinos are taxed. The tax rate is 33 percent. The casinos pay the tax to the counties, casino cities, school districts, the casino commission, and gambling addiction programs.

Return to Ohio Casinos.

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