Ohio Casinos in Cleveland and Toledo See Revenue Drop in July

Ohio Casinos in Cleveland and Toledo See Revenue Drop in July

The Horseshoe Casino Cleveland, which opened in May, also saw a slight drop in business from June with revenue down about nine percent.

The Hollywood Casinos had a slot machine payout of nearly 91 percent of what it took in, while the Horseshoe only had a slot machine payout of 88 percent. The state mandated minimum for slot payouts is 85 percent.

Ohio voters approved a constitutional amendment to allow five casinos to open in the state in 2009, and two more Ohio Casinos will be opening in the next year, including the Horseshoe Casino Cincinnati in downtown Cincinnati.

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