Slot Machine Payout Federal Taxes Percentage Increase
Slot Machine Payout Laws

Introduction to Ohio Slot Machine Casino Gambling in 2020

Ohio slot machine casino gambling consists of eleven casinos. Four are stand-alone casinos with table games while seven casinos are pari-mutuel racinos with horse tracks and simulcast betting.

Ohio casinos have a minimum theoretical payout limit. Return statistics are publicly available.

Each slot machine will pay out at a different percentage depending on its return-to-player percentage. Generally, slot machines pay out somewhere between 74% and 99%.

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All winnings — specifically from lottery payouts, poker tournaments, horse races and slot machines — are taxable at the federal level, and some may be taxable at the state level, too. Since each state has its own set of regulations for gambling taxes, be sure to pay close attention to the local requirements before filing your next tax return.
The more you spend for each round on a slot machine, the higher your payout percentage will usually be. For example, in Louisiana, the payout percentage for $5 slots ranges from 93.2 percent to 94.4 percent. For nickel slots your payout is between 91.3 percent and 92.6 percent.

This post continues my weekly State-By-State Slot Machine Casino Gambling Series, an online resource dedicated to guiding slot machine casino gambler to success. Now in its third year, each weekly post reviews slots gambling in a single U.S. state, territory, or federal district.

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Relevant Legal Statutes on Gambling in Ohio*

The minimum legal gambling age in Ohio depends upon the gambling activity:

Land-Based Casinos: 21
Poker Rooms: 21
Bingo: 18
Lottery: 18
Pari-Mutuel Wagering: 18

In 1933, an approved constitutional amendment legalized pari-mutual wagering at racetracks. The 1970s saw the arrival of the lottery and charity bingo. Social poker games have always existed, but the house must not profit from the game.

The original operators of Ohio’s four stand-alone casinos backed a proposed constitutional amendment. In November 2009, 52% of voters approved the constitutional amendment allowing one casino in the cities of:

Cincinnati
Cleveland
Columbus
Toledo

In addition to the usual fees and taxes imposed on Ohio businesses, the constitutional amendment required or specified:

A 33% tax on gross casino revenue
Distribution of the proceeds of the tax
A license fee of $50 million per casino dedicated to workforce development
An initial capital investment of $250 million for the development of each casino facility
The existence of the Ohio Casino Control Commission
The Ohio General Assembly would pass other laws to facilitate the operation of the casino gaming amendment
- A maximum of 5,000 slot machines at each casino facility
- There is no limit on the number of table games allowed

Subsequent changes in state lottery legislation allowed pari-mutual racetracks to begin offer video lottery terminal (VLT) style slot machines in 2012. These were the first racinos in Ohio.

*The purpose of this section is to inform the public of state gambling laws and how the laws might apply to various forms of gaming. It is not legal advice.

Slot Machine Private Ownership in Ohio

It is legal to own a slot machine privately in the state of Ohio without restriction as to its date of manufacture.

Gaming Control Board in Ohio

In 2009, a constitutional amendment created the Ohio Casino Control Commission. Its website is comprehensive but only applies to slot machine casino gambling at Ohio’s four stand-alone casinos.

In 1973, a constitutional amendment established the Ohio Lottery Commission. The Ohio Lottery eventually became responsible for and controls video slot machines found at Ohio’s seven racinos. These pari-mutuel racetracks began adding VLT-style slot machines starting in 2012.

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The state gaming commission offers significant resources for slots enthusiasts besides return statistics. For instance, enforcement provides quarterly and fiscal year gaming crimes and statistics including offenses by statute.

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Casinos in Ohio

There are four commercial casino resorts and seven commercial pari-mutuel racetracks with simulcast betting as well as slot machines in Ohio.

The largest casino in Ohio is Eldorado Gaming Scioto Downs with 2,386 gaming machines in February 2020.

The second-largest casino is MGM Northfield Park with 2,183 gaming machines in February 2020.

Commercial Casinos in Ohio

The four casino resorts in Ohio are:

Hard Rock Casino Cincinnati found in downtown Cincinnati located 106 miles southwest of Columbus along the Ohio River near the borders of Kentucky and Indiana.
Hollywood Casino Columbus in Ohio’s capital of Columbus.
Hollywood Casino Toledo found 140 miles north of Columbus near the border to Michigan.
JACK Cleveland Casino found 144 miles northeast of Columbus near Lake Erie in downtown Cleveland.

The seven pari-mutual racetracks with VLT-style slot machines in Ohio are:

Belterra Park found 10 miles southeast of downtown Cincinnati on the Ohio River.
Eldorado Gaming Scioto Downs found 11 miles south of downtown Columbus.
Hollywood Gaming Dayton Raceway found 59 miles north of Cincinnati.
Hollywood Gaming Mahoning Valley Race Course in Youngstown found 68 miles southeast of Cleveland.
JACK Thistledown Racino in North Randall found 16 miles southeast of Cleveland.
MGM Northfield Park found 18 miles southeast of Cleveland.
Miami Valley Gaming in Lebanon found 30 miles north of Cincinnati.

Tribal Casinos in Ohio

Ohio has no tribal casinos as no federally-recognized American Indian tribes exist in this state.

Other Gambling Establishments

As an alternative to enjoying Ohio slot machine casino gambling, consider exploring casino options in a nearby state. Bordering Ohio is:

North: Michigan Slots and Lake Erie
East: Pennsylvania Slots
Southeast: West Virginia Slots
South: Kentucky S

Slot Machine Payout Federal Taxes Percentage