Holy Toledo!; Sigma Derby needs you

Ohio casinos didn’t just outperform the Midwest during July, they had their best month ever. What gives? Well, Detroit was still off-limits (redounding to the considerable benefit of Hollywood Toledo) and discretionary capital was clearly plentiful. The four non-racinos hadn’t even come close to this number since March 2013. “What’s remarkable about these figures is that they were reached when all four casino resorts were dealing with the effects of Covid-19, returning from state-mandated lockdowns with fewer customers, fewer machines and almost no amenities,” reports David Ross. Hollywood Toledo’s $33 million obliterated the previous apogee, a $26 million month for Jack Cleveland. Said Ohio Casino Control Commission spokeswoman Jessica Franks, “July was a weird case scenario and Toledo was very much an outlier.” And a very profitable one, Franks speculates.

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