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May Figures Out For Horseshoe Casino

Exterior of Horseshoe Casino in Cleveland (pic: Brian Bull)
Exterior of Horseshoe Casino in Cleveland (pic: Brian Bull)

Cleveland’s Horseshoe Casino saw a modest dip in its May revenues, according to figures released today.

The Ohio Casino Control Commission reports the take for last month came to $19,016,472…a roughly 2 percent decrease compared to the same period last year.

Shannon Mortland is a spokesperson for the Horseshoe.  She says revenues are actually holding steady, and attributes the dip to May having a slightly higher than average payout for its table games and slot machines.

“Nearly 93 percent was paid out," says Mortland. "It is higher than average if you look at all the casinos in Ohio, we usually kinda hover in the 90 to 91 percent mark."

Mortland adds that business was not affected by a series of protests last month surrounding the Michael Brelo verdict.  She says the Cavs’ championship winning streak has likely helped, but it’s hard to say exactly.

Statewide, Ohio’s four voter-approved casinos had a combined haul of $71,049,526.  That’s also down about 2 percent compared to last year.

(Story by ideastream's Brian Bull)

 

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