Company News

VLT Play Down at Hollywood Gaming for Second Straight Month

YOUNGSTOWN, Ohio – Video lottery terminal wagers at the Hollywood Gaming at Mahoning Valley Race Course fell for the second straight month, the Ohio Lottery Commission reported, as play fell to $109.19 million in September at the Austintown racino.

The figure is down from August’s $113.,48 million, but up from September 2018’s $97.98 million. Over the past calendar year, wagers at the racino peaked at $118.99 million in March. 

Winnings at Hollywood Gaming were also down, falling to $96.12 million, down from the $100.58 million reported in August, but up from the previous year’s mark of $86.77 million. 

Net winnings – wagers minus credits won and promotional play credits – totaled $10.45 million in September, down from the prior month’s $11.03 million and up from the year-ago level of $9.82 million.

The commission in September for Penn National Gaming, which operates Hollywood Gaming, was $6.92 million.

Across Ohio, wagers at video lottery terminals totaled $977.24 million, while winnings totaled $871.84 million, a 91.12% payout rate. MGM Northfield, formerly Hard Rock Rocksino, led the state’s seven VLT sites with wagers totaling $233.31 million and winnings totaling $208.86 million.

Copyright 2019 The Business Journal, Youngstown, Ohio.