Since then Miami Valley Racing opened in December, and Belterra Park Gaming & Entertainment Center in Anderson Township opened in May.Ref A: 870B7532B3C345D1B6C5900749A30A55 Ref B: WAW01EDGE0310 Ref C.
The opening of the Horseshoe in downtown Cincinnati was the region's first new gambling venue since Belterra Casino Resort opened in 2000. "Those who pay attention to the percentage tend to be the most avid gamblers," Schwartz said. Schwartz said casual gamblers will pay more attention to a venue's proximity to home or work than they will to a slight increase in the odds. That adds up to serious money: $1 million-plus more in monthly payouts – for a casino that handles more than $150 million in monthly bets.
Hollywood Casino Lawrenceburg, which dominated the region's gambling before Ohio competition arrived, has improved its payout over time.īefore rival Horseshoe Casino Cincinnati opened in March 2013, Hollywood's payout ratio was closer to 90 percent and has since been closer to 91 percent.
The Enquirer's analysis shows how that works.
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