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Columbus Casino Profit

It has been a very good first month for the newest Ohio casino, as the Horseshoe Columbus Casino profit for the three week period has been released as topping $18.3 million in adjusted gross revenue. This is a very respectable result for the casino, which experienced a very good opening night as well as plenty of attention from all over the state and even neighbouring areas where gamblers were keen to see what all the fuss was about.

The new slot machine games, tables, and other facilities have been very lucrative for the company behind the project, Penn National Gaming Inc, who are opening four other casinos across Ohio in progressive stages after winning the exclusive license to run gaming in the state. This is a very respectable figure compared to the two properties that have already been opened: for the same month period, the smaller Horseshoe Toledo was only able to manage $14.8 million, although the bigger Horseshoe Cleveland made $20.8 million as a result of being more well established and in a better area for gamers. There will be another facility to follow in Dayton shortly, and all eyes will be on this race track and slots casino when it opens to see how well it can perform in comparison.

The achievements made by the team at this casino are not to be taken in too much seriousness because of the fact that it was not a full month which was recorded, with the casino opening on the 8th of October rather than on the first day. This means that in fact the figures are even more impressive than they appear – though the company have made no comment on the situation, as they do not release statements except on financial quarterly releases and will make no exception in this case. However, one thing that already seems to have come to light is the fact that the racino over at Scioto Downs appears to be suffering already, with attendance at their Video Lottery Terminals down, causing a 22.6 per cent revenue decline from the previous month.

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