Wagering jumps at Austintown racino

Tribune Chronicle

AUSTINTOWN — Wagering at Hollywood Gaming at Mahoning Valley Race Course’s video lottery terminals jumped nearly $9 million in September compared to the same month last year.

Last month, there were $92.83 million in credits played on the Austintown facility’s video lottery terminals, or VLTs, according to the Ohio Lottery Commission. The commission oversees VLTs in the state.

That compares to $83.98 million credits played in September 2016. There were $93.52 million credits played in August.

At the racino in September, compared to the same month in 2016, there were $82.44 million credits won, up from $74.73 million, and net winnings, or the net revenues remaining after payout of prizes to players, of about $9.3 million, up from $8.2 million. The percent payout was 89.97, down from 90.27; and the win per VLT per day was $300, up from $278.

Of the net winnings in September, $6.16 million went to Penn National Gaming; $3.12 million went to the lottery commission; and $30,948 went to problem-gambling services.

Last month at Hollywood Gaming at Dayton Raceway, also owned by Penn National, compared to September 2016, there were $84.25 million in credits played, up from $79.07 million; $74.73 million credits won by gamers, up from $70.24 million; and net winnings of about $8.3 million, up from $7.4 million. The percent payout was 90.14, down from 90.60, and the win per VLT per day was $273, up from $250.

Of the net winnings in September, $5.5 million went to Penn National Gaming Inc.; $2.8 million went to the state lottery commission; and $27,611 went to problem-gambling services.

Overall, wagering at Ohio’s seven racinos was up last month over September 2016. In the same year-over-year comparison for the month, VLT wagering was $879 million, up from $818 million; credits won were $786 million, up from $731 million; and net winnings were about $79 million, up from $73 million. The percentage payout was 90.98, down from 91.06, and the win per VLT per day was $239, up from $223.

business@tribtoday.com

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