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Jack Cleveland Casino has lowest April revenue in history, trails other three Ohio casinos; monthly casino/racino report

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Jack Cleveland Casino has lowest April revenue in history, trails other three Ohio casinos; monthly casino/racino report

CLEVELAND, Ohio - Jack Cleveland Casino had the lowest April revenue in its history and was the only one of four casinos and seven racinos in Ohio to show a decline in April revenue compared to April 2017.

The casino's revenue decline, from $17.5 million in April 2017 to $16.7 million last month, occurred despite a new area for electronic table games called Synergy, which opened at the end of March. The gaming area, aimed at millennials, includes 28 electronic play stations, giant video displays and a live DJ.

"We continue to focus on the long-term investment of our property and providing our guests with a one-of-a-kind gaming and entertainment experience," Mark Tricano, senior vice president of Northeast Ohio operations for Jack Entertainment, said in a statement. "The addition of Synergy Table Games builds on this commitment by adding a revolutionary arena-style adventure that has been a hit with Clevelanders looking for a fun and entertaining nightlife experience."

Tricano said the new Synergy area is performing better than when that section held slot machines.

"Specific to April's overall performance, our business is healthier than ever and continues to grow. In the month of April we saw a lot of Clevelandars that got lucky at Jack Cleveland Casino."

Ohio's three other casinos saw a slight increase compared to April 2017, according to the Ohio Casino Control Commission.

Statewide casino revenue was $71.8 million in April. Statewide revenue of racinos was $89.7 million.

Here's how the other Northeast Ohio casinos and racinos fared in April: 

Jack Thistledown Racino, which has undergone a transformation, saw a revenue increase from $9.8 million in April 2017 to $11 million. It was the best April revenue since it opened.  

Hard Rock Rocksino Northfield Park continues to lead all racinos and the four  casinos with $22.8 million in revenue in April, according to the Ohio Lottery Commission.

Hollywood Gaming at Mahoning Valley Race Course, had a revenue increase from $9.7 million in April 2017 to $10.5 million. 

The state commission and lottery define revenue as the money left after casinos and racinos pay winners and deduct for promotions.

Casino and racino officials have said year-over-year comparisons typically provide a more accurate reflection of performance than comparing revenue from one month to the previous one.

Here's an historical look at revenue for the four Northeast Ohio casinos and racinos for the month of April.

Jack Cleveland Casino

2013: $19.9 million ($12 million from slots )

2014: $18.8 million ($10.1 million from slots) 

2015: $18.3 million ($9.5 million from slots)

2016: $19.1 million ($10.1 million from slots)

2017: $17.5 million ($8.6 million from slots)

2018: $16.7 million ($8.6 million from slots)

Jack Thistledown Racino

2013: $8 million (opened April 9)

2014: $10.5 million

2015: $9.7 million

2016: $10.56 million

2017: $9.8 million

2018: $11 million

Hard Rock Rocksino Northfield Park

2014: $14.6 million

2015: $17.2 million

2016: $19.7 million

2017: $20.8  million

2018: $22.8 million

Hollywood Gaming at Mahoning Valley Racecourse

2015: $7.7 million

2016: $8.97 million

2017: $9.7 million

2018: $10.5 million

Penn National Gaming owns the Hollywood casinos in Columbus and Toledo and the racinos near Youngstown and Dayton.

Jack Entertainment, formerly Rock Gaming, owns the casinos in Cleveland and Cincinnati and Jack Thistledown Racino.

Hard Rock Rocksino is a joint venture between Hard Rock International and Northfield Park. MGM Growth Properties LLC  announced on April 5 that an agreement had been reached with Milstein Entertainment to acquire the property for $1.06 billion, including the racetrack and gas station.


Ohio casinos


StatewideApril 2017April  2018
Revenue $71.5 million $71.8 million
Table games $24.6 million $22.4 million
Slots $46.9 million $49.4 million
Daily win per slot $200 $227
Jack Cleveland Casino
Revenue $17.5 million $16.7 million
Table games $8.9 million $ 8.1 million
Slots $8.6 million $8.6 million
Daily win per slot $182 $249
Jack Cincinnati Casino
Revenue $17.3 million $17.5 million
Table games $6.8 million $6.2  million
Slots $10.5 million $11.3 million
Daily win per slot $179 $206
Hollywood Toledo
Revenue $17.9 million $18.2 million
Table games $3.5 million $2.9 million
Slots $14.4 million $15.3  million
Daily win per slot $235 $250
Hollywood Columbus
Revenue $18.8 million $19.3 million
Table games $5.5 million $5.2 million
Slots $13.3 million $14.1 million
Daily win per slot $198 $210

Source: Ohio Casino Control Commission

Ohio racinos

StatewideApril 2017April 2018
Slots $82.7 million $89.7 million
Daily win per slot $252 $265
Jack Thistledown Racino
Slots $9.8 million $11 million
Daily win per slot $239 $254
Hard Rock Rocksino
Slots $20.8 million $22.8 million
Daily win per slot $308 $330
Hollywood Mahoning Valley
Slots $9.7 million $10.5 million
Daily win per slot $328 $339
Scioto Downs
Slots $13.7 million $15.4 million
Daily win per slot $205 $230
Miami Valley Gaming
Slots $13.2 million $13.4 million
Daily win per slot $256 $242
Belterra Park
Slots $7 million $7.2 million
Daily win per slot $170 $176
Hollywood Dayton
Slots $8.4 million $9.2 million
Daily win per slot $278 @301

Source: Ohio Lottery Commission

Read more http://news.google.com/news/url?sa=t&fd=R&ct2=us&usg=AFQjCNFVtwC5YrBqNZmWYGUP82Erx03zYw&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779893047667&ei=wyDxWsjJM46YhgHJrpioAQ&url=http://www.cleveland.com/casino/index.ssf/2018/05/jack_cleveland_casino_has_lowest_april_revenue_in_history_trails_other_three_casinos_monthly_casinoracino_report.html

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