Miami Valley Gaming Boosts Ohio’s VLT Revenue From A Year Ago

Lebanon track was responsible for $2 million of the $2.2 million more in March revenue statewide
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Ohio’s seven racinos took in $2.2 million more in video lottery terminal revenue this March than they did the year before in that month, with nearly all of the gain due to Miami Valley Gaming.

The Ohio Lottery reported monthly revenue numbers Friday showing total racino VLT revenue of $125.2 million last month, up 1.8% over March 2022 and 9.4% above the shorter month of February. The seven venues have 10,357 of the slots-like devices.

For Miami Valley Gaming, the machines at its harness track generated $22.3 million, which was 9.8% above March 2022 and 11.6% above February. This year’s larger number could be attributed to having more machines, as the facility in Lebanon now has 2,249 VLTs compared to 1,618 a year ago.

Other than Miami Valley Gaming, it was a mixed bag compared to 2022, as three racinos gained in revenue and three declined. All earned more money in March than February, which is generally the case.

MGM Northfield Park continued to bring in the most revenue, at $26.4 million, which was 1% ahead of March 2022 and 3.9% above February.

Eldorado Gaming Scioto Downs’ $21.4 million in revenue was 1.2% less than the year prior and 7.2% above February.

JACK Thistledown’s play generated $17.4 million, which was just 0.1% below the year prior and 12.5% more than the month before.

Hollywood Mahoning Valley collected $14.9 million from players, 3.3% more than in 2022 and 10.5% more than in February.

Hollywood Gaming Dayton’s revenue of $14.7 million was up 2.9% year over year and 12.6% month over month.

Belterra Park had the biggest drop from a year ago, with its $8.1 million in revenue down 6.2%, although that was 12.9% more than in February.

The numbers are separate from the sports betting revenue generated by retail sportsbooks at the tracks. The Ohio Casino Control Commission has not released March data yet, but its February report showed the seven racinos took $8.6 million in bets and retained revenue of $602,242 from them. The vast share of $638.8 million in total betting and $82.8 million in total revenue statewide came from mobile betting instead of retail.

Photo: Getty Images

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