VLT Play at Racino Rises for 3rd Consecutive Month
YOUNGSTOWN, Ohio – Monthly results improved for the third consecutive month in February on video lottery terminals at Hollywood Gaming at Mahoning Valley Race Course.
Credits played on VLTs at the Austintown Township racino totaled $81.4 million, up from $78.7 million in January, $77.1 million in December and $72.4 million in November. Play also was up from $65.5 million in February 2015.
According to the results, released Monday by the Ohio Lottery Commission, patrons at the racino won $72.4 million in February, up from nearly $70 million in January, $68.8 million in December and $64.5 million in November. In February 2015, winnings totaled $58.2 million.
Mahoning Valley’s net win – net revenues remaining after prize payouts and less promotional play credits – was $8.3 million in February, up from $8.0 million in January, $7.8 million in December and $7.3 million in November. It was up from $6.9 million in February 2015.
Out of February’s net win, the racino received $5.5 million as its commission, compared with $5.3 million in January, $5.1 million in December and $4.8 million in November. In February 2015, the racino received $4.5 million.
“These revenue numbers are reflective of our continued focus on delivering best-in-class customer service and entertainment value,” said Eric Schippers, senior vice president of Penn National Gaming, Inc., which operates the Austintown racino.
Monthly performance at the Hollywood Gaming at Dayton Raceway racino, which opened a month prior to the Austintown racino’s September 2014 opening, rebounded in February after dropping off in January. Credits played totaled $77.2 million in February, up from $67.7 million in January and $74.4 million in December. In February 2015, play totaled $73.1 million.
Statewide, VLT play in January totaled $781.1 million, up from $756.3 million in January.
Copyright 2022 The Business Journal, Youngstown, Ohio.