2 Ohio Casinos See Gains In May After Revenue Drop
Two of Ohio’s four casinos bounced back from significant revenue decreases in April and posted gains last month, while the other two continued to see drops in profits.
A report released Friday by the Ohio Casino Control Commission shows that revenue at the state’s newest casino in downtown Cincinnati increased from about $17.8 million in April to just over $19.6 in May. That’s a 10 percent increase.
Cleveland stayed almost even in May, with revenues of $20 million. But that was a significant recovery from a nearly 19 percent drop in revenue it saw in April.
Revenue at the Columbus casino decreased by more than 7 percent to about to $16.7 million, and Toledo’s dropped almost 4 percent to $15.8 million.
The casinos have drawn almost $688 million since opening.