VLT Play at Austintown Up in June, Down Statewide

YOUNGSTOWN, Ohio – Wagers on video lottery terminals at Hollywood Gaming at Mahoning Valley Race Course were up 1.3% in June compared to May, defying a trend that saw VLT income drop by 8.1% statewide during the same period.

In June, bettors wagered $76.5 million at the Austintown Township racino’s VLTs , up from $75.6 million in May. Statewide, VLT wagers totaled $735.9 million in June, down from $801.1 million in May.

Since opening last September, VLT bets in Austintown total $700.7 million.

“We look at June as another very solid month, and we continue to be pleased with our strong monthly revenues over the past several months as well as the continued steady patronage we’re seeing,” said Bob Tenenbaum, spokesman for Penn National Gaming Inc., the Wyomissing, Pa. company that owns Hollywood Gaming.

The Ohio Lottery Commission, which oversees VLT play in Ohio, released the monthly figures Tuesday afternoon.

VLT play at Hollywood Gaming at Dayton Raceway, which opened a month before the Austintown racino, reflected the statewide trend. Wagers totaled $72.3 million last month, down from just over $78.9 million in May.

At the Mahoning Valley racino, credits won in June totaled $68.4 million, up from $67.3 million in May. Win per VLT per day was $294 last month, up from $290 in May.

Net win – credits played minus prizes and promotional play credits paid to patrons – was $7.6 million, down from $7.8 million in May.

Out of the net win, Penn National took in $5.1 million as its commission for operating the racino, down from $5.2 million in May. The lottery commission received more than $2.5 million, down slightly from the prior month’s $2.6 million.

Copyright 2024 The Business Journal, Youngstown, Ohio.