Betting, revenue up at Austintown racino
AUSTINTOWN — Wagering on and revenue from video lottery terminals at Hollywood Gaming at Mahoning Valley Race Course rose in February from January. Bettors, however, were wagering on the same number of machines in those months.
The state Route 46 facility had $101.8 million credits played in February, up from $95.6 million in January, and $90.3 million credits won, up from $84.8 million the previous month, according to the Ohio Lottery Commission. The commission oversees video lottery terminals, or VLTs, in Ohio.
There were $92.5 million credits played and $81.9 million credits won in February 2018.
The racino reported net revenue of $10.1 million in February, up from $9.4 million in January and $9.5 million in February 2018.
The number of machines in play was 1,100 in February and in January and the payout remained constant, too, at 90 percent. Last year, there were were 1,034 VLTs in play with a payout of about 89 percent.
The win per VLT per day in February was $330, up from $276 in January and down $1 from February 2018.
Of the net revenue last month, $6.7 million went to racino operator Penn National Gaming, $3.4 million to the Ohio Lottery Commission and $33,800 to problem-gambling services.
Last month at Hollywood Gaming at Dayton Raceway, also owned by Penn National, compared to January, there were $91.3 million credits played, up from $82.7; $80.9 million credits won, up from $73.5 million; and net winnings of $9.2 million, up from $8 million.
The payout was about 90 percent, the same for the prior month and the win per VLT per day was $312, up from $243. There were 1,060 VLTS in play in February and 1,072 in January.
Of the net winnings in February, $6.1 million went to Penn National, $3.1 million went to the commission and $30,794 went to the problem gambling services.
Overall, wagering at Ohio’s seven racinos was up in February over January. Month-to-month, VLT wagering was $917 million in February compared to $851 million the prior month; credits won were $818 million, up from $759 million; and net winnings were $84.9 million, up from $78.2 million. The payout was about 91 percent in both months and the win per VLT per day was $267 in February and $222 in January.
There were 11,377 machines in play in February and in January, 11,384.
Racino operators received $56.2 million, up from $51.8 million; the lottery commission, $28.4 million, up from $26.2 million; and problem-gambling services, $282,487, up from $260,322.