Ohio Casinos Post Best February Revenue Total In State History At $83.5 Million

Written By Hill Kerby on April 5, 2024
Ohio Casinos February Revenue Report

Ohio casinos typically produce lower revenue totals in February than in most months, but they say you shouldn’t compare yourself against others.

Ohio’s four casinos reported $83.5 million, the highest February revenue since retail casinos opened in the Buckeye State in 2012. It represented increases of 11.1% from January ($75.2 million) and 1.1% from February 2023 ($82.6 million).

Hollywood Columbus posts top Ohio casino revenue for February

Within recent history, two Ohio casinos have jockeyed for pole position in the monthly revenue race. Hollywood Columbus claimed the top spot in February after reporting $22.5 million in revenue (+14.2% MoM; +22.3% YoY).

JACK Cleveland Casino finished $916K behind Hollywood Columbus. It reported $21.6 million in revenue, the lowest MoM gain in the state (1.9%). JACK was the only casino to post YoY declines; revenue fell by 5.3% after it led the state a year ago with $22.8 million.

Since January 2023, both casinos have topped the state seven times:

MonthHollywood ColumbusJACK ClevelandWinner
January 2023$22.7 million$23 millionJACK Cleveland
February 2023$21.4 million$22.8 millionJACK Cleveland
March 2023$24.3 million$24.4 millionJACK Cleveland
April 2023$23.1 million$21.9 millionHollywood Columbus
May 2023$22.4 million$20.7 millionHollywood Columbus
June 2023$23.2 million$21.7 millionHollywood Columbus
July 2023$23.2 million$22.1 millionHollywood Columbus
August 2023$22.1 million$22.3 millionJACK Cleveland
September 2023$22.6 million$22 millionHollywood Columbus
October 2023$21.2 million$21.5 millionJACK Cleveland
November 2023$21.7 million$21.4 millionHollywood Columbus
December 2023$24.3 million$24.5 millionJACK Cleveland
January 2024$19.7 million$21.2 millionJACK Cleveland
February 2024$22.5 million$21.6 millionHollywood Columbus

Hard Rock Cincinnati ($20.1 million) finished third in February revenue, up 12.9% MoM and 7.5% YoY.

Hollywood Toledo ($19.2 million) had the best MoM growth (16.4%) and 6.7% YoY gains. It was the only Ohio casino with February revenue below $20 million.

February totals at Ohio’s four retail casinos are as follows:

CasinoTable Game RevenueSlot Machine RevenueTotal Revenue
Hollywood Columbus$5,430,738$17,112,555$22,543,293
JACK Cleveland$8,148,346$13,478,862$21,627,208
Hard Rock Cincinnati$6,973,383$13,145,610$20,118,993
Hollywood Toledo$2,537,267$16,697,384$19,234,651

Slots see above-average month at Ohio casinos

Ohio casinos reported $60.4 million in slot revenue, above the $60.1 million average since January 2023, even in a short month. Slot revenue rebounded from a three-year low of $53 million in January, growing 14% MoM and 2.3% YoY from $59.1 million.

Table games revenue accounted for the remaining $23.1 million, up 3.8% MoM from $22.2 million. Despite the monthly gains, these totals were below the $23.7 million average since January 2023 and down by 1.9% YoY from $23.5 million.

Ohio casinos celebrate best February in 12 years

February is one of the slowest — if not the slowest month — for casinos each year. This year, Ohio’s four retail casinos used it to bounce back from a poor January showing.

In addition to the monthly gains, February’s revenue total was the highest in state history.

February revenue totals since 2013:

  • 2024: $83.5 million
  • 2023: $82.6 million
  • 2022: $75.3 million
  • 2021: $67.6 million
  • 2020: $75.9 million
  • 2019: $70 million
  • 2018: $67.6 million
  • 2017: $67.2 million
  • 2016: $72.1 million
  • 2015: $67.5 million
  • 2014: $66.8 million
  • 2013: $55.5 million

While February is historically slow for casinos, March is traditionally one of Ohio’s most successful months, making the coming revenue report one of the most anticipated of the year.

Photo by Dreamstime / PlayMA
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Hill Kerby

Hill Kerby is a proponent of safe, legal betting, and is grateful to be able to contribute to growing the industry. He has a background in poker, sports, and psychology, all of which he incorporates into his writing.

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