Ohio 'racino' revenue tops $11M in opening month
Getty Images
Posted: 07/09/2012
COLUMBUS, Ohio - The first slots-like gambling machines added to one of Ohio's horse tracks have taken in more than $11 million in revenue during the facility's opening month.
According to data released Monday by the Ohio Lottery, the state's share of revenue from the video lottery terminals at Scioto Downs in Columbus is $3.7 million. That's more than the roughly $3 million officials estimated the machines would generate per month for the state. The money will help fund K-12 education programs in Ohio.
The roughly $7.4 million in remaining revenue goes back to the track, which is operated by Chester, W.Va.-based MTR Gaming Group Inc. The slots-like machines have been available to visitors since June 1.
Revenues are calculated as the money remaining after prizes have been paid out to winners.
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
PRINT
Around Ohio Headlines
-
Doctors save Ohio boy by 'printing' tube
In a medical first, doctors used plastic particles and a 3-D laser printer to create an airway splint to save the life of a baby boy who used to stop breathing nearly every day.
-
Ohio Internet cafe crackdown approved
An effective ban on Internet cafes targeted as illegal gambling operations has cleared the Ohio Legislature after more than two years of wrangling.
-
More safety planned after park falls
-
Safety measures planned after park falls
-
Teen pleads not guilty in slayings
-
OH tornado victims: 'Take it day by day'
-
Ohio project examines premature births
- Trending now on newsnet5
