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Ohio Casino Revenue Falls Year-on-Year for Second Consecutive Month in February

Ziv Chen

Last Updated: April 3, 2025 1:48 PM EDT • 1 min 28 sec read.

Ohio Casino Revenue Falls Year-on-Year for Second Consecutive Month in February
Pictured: People play slot machines at Hollywood Casino. Photo by Fred Squillante / The Columbus Dispatch News via Imagn Images.

The Ohio Casino Control Commission released its February casino revenue figures, revealing $81.8 million in revenue. While that was an increase of over 5% compared to the $77.8 million generated in January, it fell nearly 2% compared to the $83.5 million last February.

It also marks the second consecutive month Ohio casinos have posted year-on-year revenue drops, with the January 2025 figures falling short of the previous year. The state does not have a regulated real-money online casino market.

The casino that saw the most significant drop was Hollywood Toledo Casino, where revenues dropped by 6.4% from $19.2 million last February to $18 million in February 2025. Of this lost revenue, the casino only saw a fall of around $100,000 in table game revenue but a far more significant drop of over $1.1 million in slot games.

Jack Cleveland Casino followed this trend, with revenue dropping by 4.9% year-on-year to $20.5 million. Considering table game revenue fell by around $10,000, most of the revenue decline came down to slot revenues, another drop of around $1 million. 

The other casino in the state that posted year-on-year declines took this trend a step further by posting revenues 1.5% less than the year prior. Table game revenue at Hard Rock Cincinnati actually increased by around $200,000, but slot revenues fell by around $500,000, giving the casino an overall revenue decline. 

Hollywood Columbus Casino bucks trend

The only casino that grew its revenues year over year was Hollywood Columbus Casino, where revenues increased by over 4% from $22.5 million to $23.4 million. Slot revenues rose by 5%, while table game revenue also increased by 1.5%.

However, not all the data for Hollywood Columbus Casino was promising. Like other Ohio casinos, it also saw a fall in slot spending, which didn’t cover a slight rise in table game spending. For February 2025, the casino managed to increase its revenues, but there’s no guarantee the casino can repeat the trick if spending continues to shrink.

Ohio sports betting spotlight

While Ohio casino revenues struggle to start 2025, Ohio sports betting has stolen most of the headlines. Governor Mike DeWine’s proposal to increase sports betting tax from 20% to 40% is estimated to generate an additional $50 million in revenue for the state annually. Whether it remains in his 2026 budget remains to be seen.

Written By:
Ziv Chen
Ziv has over two decades of experience in the igaming and sports betting industry, having served in senior marketing and business development positions with both B2C and B2B companies, including Playtech and Microgaming. In 2019, Ziv decided to pursue his passion for writing and became a fulltime industry journalist, covering casino, sports, and gambling business news. He’s specialties include casino games and technology, US state gambling regulation, company performance, as well as gambling affiliates and marketing. As a Pitt graduate, Ziv is a diehard fan of all Pittsburgh sports teams, with the Steelers at the top of the list. In his free time, he enjoys reading crime fiction, biographies (mainly of sports personalities, but not only) and American history. Ziv’s Favorite quote: “We're going to pursue perfection, knowing full well we won't catch it, but we're going to relentlessly chase it," Mike Tomlin, Pittsburgh Steelers Head Coach.