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Record slot machine revenue at Ohio's racinos nears $1 billion for the year

Slot machine revenue is up for the second straight year at JACK Thistledown Racino. Revenue for fiscal 2018 at the Rocksino was $246.5 million, up from $232.6 million a year earlier. All seven of the racinos posted revenue gains in the last year. Second largest was Scioto Downs in Columbus at $168.3 million, followed by Miami Valley in Lebanon ($151.6 million), JACK Thistledown in North Randall ($121.4 million), Hollywood Mahoning Valley in Youngstown ($115.3 million), Hollywood Gaming Dayton ($103.5 million) and Belterra Park in Cincinnati ($80.7 million). Ohio racino slot machine revenue by year, after paying out winnings.Rich Exner, cleveland.com  The racinos, regulated by the Ohio Lottery Commission, operate on the state fiscal year ending each June. There are no table games at the racinos. Ohio's four casinos, regulated separately by the state Casino Control Commission, are on calendar years. They have both table games and slot machines. Their taxes go mainly to counties, schools and host cities. For the first six months of 2018, combined gambling revenue after paying out winnings totaled $420.5 million for the four casinos, up 2 percent ($8.2 million) from the first six months of 2017. Revenue is up in Cleveland, Columbus and Toledo, and essentially flat at the casino in Cincinnati through six months. JACK Cleveland Casino revenue for the first half of the year totaled $102.1 million, up from $99.5 million during the first six months of 2017.

For the original version including any supplementary images or video, visit https://www.cleveland.com/casino/index.ssf/2018/07/record_slot_machine_revenue_at.html

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How gambling distorts reality and hooks your brain

What keeps people playing even when it stops being fun? Why stick with games people know are designed for them to lose? Are some people just more unlucky than the rest of us, or simply worse at calculating the odds? As an addiction researcher for the past 15 years, I look to the brain to understand the hooks that make gambling so compelling. I’ve found that many are intentionally hidden in how the games are designed.

For the original version including any supplementary images or video, visit https://www.fastcompany.com/90217918/how-gambling-distorts-reality-and-hooks-your-brain

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