Hollywood Casino, Scioto Downs post higher numbers for October

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November 8, 2013

Hollywood Casino Columbus followed a rough September with a decent October, part of a slight upswing for three of the state’s four casinos.

The Columbus casino had adjusted gross revenue of $17.71 million, up 12.7 percent from September, according to figures released yesterday by the Ohio Casino Control Commission.

This follows a September result, $15.71 million, that was the lowest monthly figure since the casino opened in October 2012.

“The casino industry, as a whole, nationwide, had a very, very tough September,” said Ed Feigenbaum, editor of Indiana Gaming Insight, who also follows gambling in Ohio.

He is not surprised to see an improvement because it would be difficult to do worse than September and because of normal seasonal factors. The latter affected the numbers to a “significant degree,” he said.

November will be the first month in which the 2013 monthly result can be compared with a full month in the prior year for the Columbus site. In October 2012, the casino reported revenue of $18.28 million in a partial month; the October 2013 total was 3.1 percent less.

Ohio casinos reported revenue increases except for Horseshoe Casino Cincinnati, which was down 8.2 percent.

The revenue leader was Horseshoe Casino Cleveland, with $19.54 million, up 1 percent, followed by Horseshoe Cincinnati, with $18.18 million.

Hollywood Casino Toledo had the lowest revenue, $14.67 million, which was up 4.2 percent from the previous month.

Both of the state’s racinos had increases in revenue from video-lottery terminals.

Scioto Downs Casino & Racetrack took in $11.24 million in October, up 7 percent from the month before. ThistleDown Racino reported $12.87 million, up 9 percent.

Digging deeper in the Hollywood Casino Columbus numbers, adjusted gross slot revenue was $11.64 million, up 7.9 percent from September. Adjusted gross table-game revenue was $6.07 million, up 23.1 percent.

The casino reported using 2,517 slot machines, a reduction of five from the prior month. It had 115 gaming tables, which was unchanged.

Since opening last year, the casino has cut almost 500 slot machines and added six gaming tables, according to the state.

dgearino@dispatch.com

@dispatchenergy