March was a good month for Ohio’s casinos as they report the best-ever GGR
By Bob Garcia
Ohio’s casinos are starting to show signs of life after the COVID-19 debacle
Last month was explosive with respect to earnings for the four casinos and seven racinos located in Ohio. According to data coming from the properties, the month of March brought them a lot of success, as they collectively earned a total of $215.8 million, something that was hardly ever achieved in the past. This indicates that March 2021, has undoubtedly been the best gross gaming revenue (GGR) month ever for the statewide gaming industry.
The state’s racinos made a whopping $124.2 million from player wagers. This represents an increase of more than 20% from the last time they were able to get a big record in March 2019. On the other hand, the last time the casinos saw a record amount was in March 2013, when they made a total of $84.3 million in winnings, but that figure was eclipsed by an 8.7% increase last month as they reached $91.6 million. It seems unlikely that even though casinos and racinos are still operating at 50% capacity, this past March was a record month.
March is generally the strongest month for the gaming industry in the state of Ohio. This is because the weather improves significantly for this month, which motivates gamblers to get out of their homes in order to have some fun time. Although there are still several restrictions on coronavirus in Ohio, after a year of living with a pandemic, it is very likely that residents felt compelled to get out and release that stress. “What we’re seeing is a lot of pent-up demand from people who really want to get out and enjoy entertainment options like gaming,” said Casey Clark, vice president of the American Gaming Association.