Cleveland and Toledo casino revenue down seven percent

Aug 13, 2012 7:42 PM

The two Ohio casinos have only been open a short time but already are experiencing a decline in revenues.

According to the Ohio Casino Control Commission, the Cleveland and Toledo casinos had revenue totaling $43 million in July, a 7 percent drop from the $46 million recorded in June.

The biggest July decline was slots play at the Hollywood Toledo casino, licensed by Penn National Gaming Inc. The property said its slots play of $170 million was down 13 percent from the $195 million in wagering recorded in June.

Ohio has two more casinos under construction, one in Columbus and another in Cincinnati.