Hollywood Gaming sees uptick in bets
AUSTINTOWN — Hollywood Gaming at Mahoning Valley Race Course last month outpaced wagering on its video lottery terminals from last year.
Last month, the Austintown facility saw $102.1 million in credits played, up about $3 million over the same month last year when there were $99.1 million credits played, according to the Ohio Lottery Commission, which oversees video lottery terminals, or VLTs, in the state.
For the same month, there were $78.8 million credits played in 2016.
At the racino in July, $90.4 million credits were won, up from $87.9 million credits won the same month last year and up from $87.8 million credits won in May.
Net winnings, or the net revenues remaining after payout of prizes to players, were at $10.2 million in July, up from $9.7 million the same month last year and up from $10.1 million in June.
The percent payout was 89.97 in July, slightly down from 90.13 the same month last year and up from 89.81 in June.
In July, the win per VLT per day was $320, up from $305 the same month in 2017, but down from $326 in June.
Of the net winnings in July, $6.7 million went to Penn National Gaming Inc., the Wyomissing, Pa., company that operates the Austintown racino; $3.4 million went to the state lottery commission; and $34,077 went to problem-gambling services.
Last month at Hollywood Gaming at Dayton Raceway, also owned by Penn National, compared to July 2017, there were $88.3 million in credits played, same as last July; $78.3 million credits won by gamers, slightly down from $78.5 million in 2017; net winnings were at $8.6 million, up from $8.3 million; the percent payout was 90.24, down from 90.58; and the win per VLT per day was $271, up from $265. Of the net winnings in July, $5.7 million went to Penn National Gaming Inc.; $2.8 million went to the state lottery commission; and $28,683 went to problem-gambling services.
Statewide, in the same year-over-year comparison for July, VLT wagering at Ohio’s seven racinos totaled $963 million, up from $927 million; credits won were at $858 million, up from last July’s $827 million; net winnings were $88.9 million, up from $84.5 million; the percentage payout was 90.77, down slightly from 90.89; and the win per VLT per day was $255, up from $246.