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When a new casino opens, it doesn’t really matter where it is located, because gamblers will find it. Gamblers love to check out a new casino and the Hollywood Casino Toledo is no exception. The casino just opened up one month ago and already they have been able to see great numbers in revenues. The casino saw almost $242 million in slot machine and game table revenue thanks to happy gamblers. The casino first month has been a success and almost $7.5 million was created in tax revenues for the programs in the state. players have been lining up to enter the new casino to see what it has to offer entertainment wise such as blackjack and other table games.
George Sarantou, the finance committee chairman of the Toledo City Council, commented on the progress by stating: "This is all good, but obviously there’s a lot of excitement with a new casino. People are going to visit it because they’ve never been to a casino and it’s in their backyard. Now the test is how this keeps up. A casino is not a panacea. This is not going to solve our financial challenges, but it’s a step in the right direction.”
The casino has done well but not as well as the Horseshoe Casino, another new casino in the state. this casino is located in downtown Cleveland and they have earned a little more in total profits and revenues than the Toledo location.
Both casinos are following the state’s expectations. Officials are hoping that players will continue to play at the blackjack tables or hit the slots, to continue to bring in large revenues to the state. only time will tell if the excitement will continue or if players will taper off from attending the casino.
2012-07-27
