Racino wagering up this summer over last

Tribune Chronicle

AUSTINTOWN — Although last month’s wagering at Hollywood Gaming at Mahoning Valley Race Course lagged behind July’s numbers, the facility saw more credits played on its video lottery terminals this summer than last.

In August, the second month of the 2018 fiscal year, there were $93.5 million credits played at the Austintown facility, according to the Ohio Lottery Commission. The commission oversees video lottery terminals, or VLTs, in the state.

That compares to $85.8 million in August 2016. In July, there were $99.1 million credits played versus $91 million the same month last year. There were $94.2 million credits played in June, up from $79.6 million the the prior year.

At the racino in August, compared to the same month in 2016, there were $83.2 million credits won, up from $76.4 million, and net winnings, or the net revenues remaining after payout of prizes to players, of about $9 million, up from $8.3 million. The percent payout was 90.3, up from 90.2, and the win per VLT per day was $281, up from $274.

Of the net winnings in August, $5.9 million went to Penn National Gaming; $3 million went to the lottery commission; and $29,910 went to problem-gambling services.

Last month at Hollywood Gaming at Dayton Raceway, also owned by Penn National, compared to August 2016, there were $82.6 million in credits played, up from $79.7 million; $73.3 million credits won by gamers, up from $70.7 million; and net winnings of about $8 million, up from $7.2 million. The percent payout was 90.2, down from 90.8, and the win per VLT per day was $256, up from $237.

Of the net winnings in August, $5.3 million went to Penn National Gaming Inc.; $2.6 million went to the state lottery commission; and $26,703 went to problem-gambling services.

Overall, wagering at Ohio’s seven racinos was up last month over August 2016. In the same year-over-year comparison for the month, VLT wagering was $880.9 million, up from $828.1 million; credits won were $786.9 million, up from $739 million; and net winnings were about $79 million, up from $74.5 million. The percentage payout was 91.03, up from 91, and the win per VLT per day was $230, up from $219.

business@tribtoday.com

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