CORRECTION: This story has been modified to correct mistakes in the payout percentage for Rising Star Casino, promotional spending by Belterra Park and the story's first quote by Todd George.
As Cincinnati’s casino market tightens, the slot machines are loosening.
A WCPO analysis of monthly revenue reports from casino regulators in Ohio and Indiana shows the payout percentage on slot machines gradually increased this year to 90.59 percent as two new rivals ramped up racinos in Anderson and Turtlecreek townships.
That means more money in the pockets of local gamblers.
“The big winners in all this gaming expansion are the customers,” said Todd George, general manager of Hollywood Casino in Lawrenceburg. “You need to really make it so you’re worth the trip. If somebody is going to take the time to choose you over one of your competitors, the last thing you want to happen is for them to go through their gaming budget in a short amount of time.”
WCPO ranked local casinos in terms of payout percentages, as follows:
1. Rising Star, 91.72 percent payout; 1,153 slots.
2. Miami Valley Gaming, 91.67 percent payout; 1,595 slots.
3. Horseshoe Casino Cincinnati, 91.49 percent payout; 1,968 slots.
3. Belterra Casino and Resort, 90.92 percent payout; 1,209 slots.
4. Hollywood Casino, 90.8 percent payout; 2,248 slots.
5. Belterra Park, 90.23 percent payout; 1,471 slots.
Hollywood Casino says differences in state reporting rules make Ohio casinos look better in this analysis. If you adjust for promotional spending, all three Ohio casinos rank below 90 percent in payout - lower than their Indiana rivals.
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