Casino Revenue Declined Last Year
Three of the Ohio's four casinos report revenue losses last year. The Ohio Casino Control Commission says total revenues were down 2 percent last year. The Cleveland and Cincinnati casinos saw a 4 percent decline. The Toledo casino was down 2 percent. Columbus saw the only gain, a 2 percent increase. All seven Ohio racinos combined for 74 million dollars in revenue in December, up by more than a million over the same month last year. Gaming industry analyst Alan Silver says racinos closer to suburban areas offering free parking are pulling customers away from the casinos.