July revenue from W.Va. casinos declines

CHARLESTON (AP) — Revenues from the state’s racetrack casinos fell by more than 10 percent in July compared to a year ago.

The Charleston Gazette says revenue from racetrack video lottery totaled $60.84 million, down $7.19 million from July 2011. Table games revenue fell by $610,000 to $6.53 million.

Competition from new casinos in Ohio contributed to the decline. More casinos are scheduled to open in Columbus and Cincinnati later this year.

West Virginia Lottery assistant director John Myers says lottery officials don’t know whether the additional competition will further erode revenues.

Revenue from traditional online and scratch-off games fell from $15.07 million in July 2011 to $14.8 million.

But revenue from limited video lottery rose by 5 percent to $32.9 million.

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