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Ohio Reports $84.6 Million Casino Revenue in May 2024

Ziv Chen

Last Updated: July 4, 2024 5:18 PM EDT • 61 sec read.

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.

According to the Ohio Casino Control Commission (OCCC), casinos in the state generated $84.6 million in revenue during May, making it the second most profitable month of 2024 for its casinos. Ohio does not have real money online casinos yet, just brick-and-mortar.

May's figures show a slight 1.3% increase from April’s revenues of $83.4 million but are 11% lower than March’s revenues of $94.7, the state’s highest-grossing month this year. Ohio’s total casino revenue for this year up to May is $421.5 million, with revenues from slots and table games generating $115 million and $306.5 million, respectively.

Revenues

Of the total monthly revenue, over $62.4 million was generated from slots, while the remaining $22.2 million was generated by table games.

Ohio has four land-based casinos in its most populous cities. Hollywood Columbus led with $23.6 million, followed by Jack Cleveland ($21.3m), Hard Rock Cincinnati ($20.4m), and Hollywood Toledo ($19.1m).

Additionally, Ohio's seven racinos generated $119.8 million in revenue in May. Together, the state's casinos and racinos reported $204 million in revenue, up 4% year-over-year and the best May figure since 2021. This brings Ohio's total revenue for the year to over $1 billion.

The most profitable racino was MGM Northfield Park with $26.8 million, followed by Miami Valley Gaming ($21.6m), Scioto Downs ($19.9m), JACK Thistledown Racino ($15.4m), Hollywood Mahoning Valley ($15m), Hollywood Dayton ($13.3m), and Belterra Park ($7.6m).

Earlier this week, the OCCC also shared Ohio sports betting results for May, revealing that adjusted gross revenue from online and retail sportsbooks surpassed $67.2 million, up 16.4% year-over-year.

Written By:
Ziv Chen
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.