Jack Cleveland Casino Reduces Slots – Earns More Revenue

Slot machines are traditionally the cash cow of casinos. But Jack Cleveland casino earned more revenue after reducing their number of slots.

Cleveland.com reports that Jack Casino lowered their amount of slot machines in an effort to revamp the gaming floor layout. They also added other casino games in place of the slots.

The result was $16.8 million in August 2017 revenue, which is up from August 2016.

Four groups of tall interactive machines have been put on the floor. Visitors will also see fewer rows of slot machines throughout the casino.

Overall, Jack Cleveland Casino has reduced their number of slots from 1,581 to 1,377 so far this year.

Every Ohio Casino Saw a Revenue Monthly Decline

All four Ohio casinos and seven racinos saw their revenue drop from July to August.

But the positive thing is that all of the casinos and racinos saw their August revenue increase when compared to last year. The average increase was 6 percent, with casinos earning $66.7 million and racinos collecting $79 million.

North Randall’s Jack Thistledown Racino made $9.6 million in August, which is their best for this month since 2014. Northfield Park’s Hard Rock Rocksino Northfield Park led all Ohio gaming venues in August revenue with $20.3 million.

How is Ohio Casino Revenue Determined?

The state commissions that track Ohio casino revenue made their figures based on the money left after casinos/racinos pay winners. They also take out any revenue that’s been paid in promotions to determine final revenue.

Casino officials say that year-over-year comparisons are the best way to determine casino performance. They don’t, however, see as much value in comparing one month to the next.

After all, different seasons play a major role in how much casinos make from month to month.

Ohio casinos are seeing more competition from neighboring states. But it looks like they’re still holding steady in the revenue department.