Bingo Profits Decline

State figures show profits generated by Ohio charities on bingo games have dropped steadily in recent years. 17 hundred charities playing bingo generated profits of more than 100 million dollar last year, more than other state. Ohio bingo games took in 855 million in 2012 and turned a profit of 106 million. But those numbers pale in comparison to 2005, when state bingo operations logged revenues of 1.4 billion and took 196 million in profits. Officials blame the economy and  new casinos and racinos. Some operations have closed in recent years or are scrambling to pay bills.