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Getting Help: Responsible Gambling in OH
Ohio has a variety of resources available for persons who believe they may have a problem betting safely, responsibly, or without negative consequences.
Locate Problem Gambling Services in Your Area: www.
gamblinghelpohio.
org
Additional Resources: Ohio Problem Gambling Helpline: 1-800-589-9966 Ohio Voluntary Exclusion Program Beforehand gambling information: https://www.
beforeyoubet.
org/ Ohio for Responsible Gambling: org.
ohio.
gov State of Ohio Department of Mental Health & Addiction Services: 614-644-8456 or mha.
ohio.
gov National Gambling Helpline: 1-800-522-4700 National Council on Problem Gambling: 202-547-9204 or ncpgambling.
org Gamblers Anonymous: GamblersAnonymous.
org Gam-Anon: gam-anon.
org
How sports betting in Ohio came together
There was a time when industry observers joked that every state outside of Utah would have legal sports betting before Ohio.
.
.
and it genuinely seemed that way for a while.
There were legislative debates and proposals that always seemed to get people just excited enough to think that maybe this was actually the day/week/month that sports betting would be legalized in the state.
Then something would happen, or not happen, and everyone would be sad that the legislative progress had been derailed.
.
.
again.
Progress and setbacks
Over and over it would go.
Hope and despair.
Legislation passing the Senate but not the House, and vice versa.
Would Ohioans ever be able to wager on their favorite teams? Things seemed bleak.
Then, one day in December 2021 (December 8 to be exact), a breakthrough! Could it be? Yes! All of a sudden, H.
B.
29, a bill to fully legalize sports betting in the state, passed the Senate 31-1.
Later the same day it passed the House by a vote of 72-12.
What just happened? SportHandle's Slack channels were abuzz.
The passage of H.
B.
29 came suddenly but was the result of several months of behind-closed-door negotiations.
The Ohio sports betting bill is a monumental victory for fans of sports wagering, and the work is officially done!
Ohio's methodical rulemaking process took more than a year, but in the end they got it done.
Thanks to H.
B.
29, Ohio online betting began in January 2023.
Ohio sports betting licenses
H.
B.
29 set the table for three separate types of sport betting licenses in Ohio.
Type A, B, and C.
Let's discuss each:
Type A licenses: Casinos and professional teams
The OH sports betting legislation authorizes up to 25 Type-A licenses, which are meant for casinos or professional sports organizations, or venues.
This includes all the casinos in the state (obviously) but also includes the state's professional sports teams, NASCAR, and the PGA Tour.
The actual number of casinos and sports teams does not equal 25, but the legislature decided to go high in case things change in the future.
Each Type A licensee is awarded two online "skins" or partners for online gaming.
This format is common in many states and allows traditionally "online-only" operators like DraftKings to enter different markets.
Type B licenses: retail-only sportsbooks
Type B licenses are for standalone sportsbooks.
Forty Type B licenses are available, which means that there could eventually be up to 40 retail sportsbooks dotting the state.
This would be in addition to the existing casinos that can add sportsbooks to their facilities.
As you can see, Ohio is really leaning into legalized sports betting.
Type C licenses: kiosks
A Type C sportsbook license is for a retail kiosk that can be placed in a facility that already has a liquor license, which includes thousands of bars and restaurants throughout the state.
These kiosks will only offer basic bets like over/under, spread bets, and moneyline, and will cap withdrawals at $700/week.
But bettors will be paid in cash by the establishment where the kiosk is located.
The license fee for a Type C sportsbook is just $1000 for three years, so we expect many taverns and restaurants to install kiosks at their businesses.
This will be a great option for those who want to bet on sports but for whatever reason aren't interested in signing up for a mobile sportsbook app.
The Ohio Lottery, which is tasked with kiosk regulation, has reported that there are close to 900 kiosks currently active and accepting wagers in Ohio.
While they aren't as versatile as full Ohio sportsbooks, they're a convenient alternative.
Ohio sports betting details, H.
B 29
Let's cover the highlights of HB 29, and what it means for Ohio sports bettors.
Ohio sports betting taxes
The tax rate for sports betting revenue in the state is a low 10%, which hits the sweet spot of maximizing revenue to the state by encouraging competition.
Sports betting becoming legal in Ohio means that the state will keep a great deal of tax revenue that was being spent by bettors making legal wagers in every single bordering state aside from Kentucky.
Ohio joins neighbors Indiana, West Virginia, Pennsylvania, and Michigan in legalizing sports betting.
Keeping those bettors home means keeping the revenue in the state, which is good news for all Ohioans and bad news for the neighboring states.
Betting on college sports in Ohio
There are no major restrictions on the types of wagers offered by Ohio sportsbooks, which is great news for the MANY fans of Ohio State University Buckeyes who will now be able to wager on their favorite college football team.
Misc.
betting markets
While we don't consider this a major restriction, politics and award shows like The Oscars are off limits.
If its sports related and the participants are over the age of 18, chances are your favorite Ohio online sportsbook will have you covered.
eSports wagers are also available, which is worth keeping an eye on.
eSports are wagered on in other states, but the market is very small.
That could change as more people become interested in watching and wagering on video games.
Ohio sports betting start date
Similar to Michigan, the legislation required a universal start date, which was set for January 2023.
All operators started on the same day, January 1, so as to not give any single brand an unfair advantage.
This "shotgun-style" start is proving to be a popular way to launch a betting market.
Ohio Casino Control Commission provides regulation
The sports betting industry in Ohio is regulated by the Ohio Casino Control Commission.
This was the source of some negotiation, as many in the legislature wanted the Lottery Commission to regulate the industry.
In the end, having the Casino Commission regulate sports betting is better for bettors in the state because it ensures a more open, competitive marketplace rather than one controlled by the state lottery.
Note: Type C licenses, for betting kiosks, are regulated by the Ohio Lottery Commission.Equity of licensing
Equitable access to sports wagering licenses was another focus of the bill.
The legislation required a study to be conducted examining whether disadvantaged persons experience discrimination in the sports wagering industry.
Ohio wanted to ensure that sports betting licenses were distributed in an equitable manner.
Professional sports teams in OhioCincinnati BengalsCincinatti RedsCleveland BrownsCleveland CavaliersCleveland Guardians
Columbus Blue JacketsColumbus CrewFC CincinnatiPGA Tour
Ohio is home to some of the most dedicated fans, and famous franchises in American sports.
From the NFL, to Major League Baseball, to the NBA, and beyond.
Now, with the passage of HB 29 and the legalization of OH sports betting, each franchise has been able to get involved with wagering.
Let's breakdown the state's professional teams and their current sports betting Ohio associations.Cincinnati Bengals
Ohio sports betting partner: Betfred Sportsbook
Betfred Sportsbook Stadium: Paycor Stadium
Paycor Stadium Biggest NFL rivals: Steelers, Ravens, Browns
The Bengals were the first of the Ohio professional sports teams to apply for a Type A gaming proprietor license.
The organization announced a multi-year partnership deal with Betfred Sportsbook on July 13, 2022, making the UK bookmaker the team's official sports betting partner.
As a result of the deal, the Bengals and Betfred mutually agreed to not pursue a Type B license, as the NFL, at the time, did not allow in-person betting at any of its 32 stadiums.
However, a reversal of that rule in March 28 could pave the way for a sportsbook at Paycor Stadium.Cincinnati Reds
Ohio sports betting partner : BetMGM (retail), Underdog Sportsbook (mobile)
: BetMGM (retail), Underdog Sportsbook (mobile) Stadium : Great American Ball Park
: Great American Ball Park Biggest MLB rivals: Pirates, Guardians
The Cincinnati Reds agreed to a partnership with BetMGM for their retail location.
The franchise will also partner up with Underdog Sportsbook for mobile wagering.
The popular DFS brand has yet to launch its sport betting product but will likely land in Ohio as one of its first destinations.
In the mean time, grab our Underdog Fantasy promo code and check them out for DFS, pick'em, and best ball.Cleveland Browns
Ohio sports betting partner : Bally Bet
: Bally Bet Stadium : FirstEnergy Stadium
: FirstEnergy Stadium Biggest NFL Rivals: Bengals, Steelers, Ravens
Bally Bet is the first of many potential partnerships with Cleveland's NFL team.
The two sides agreed in April of 2022.
The deal includes a branded lounge at FirstEnergy Stadium as well as market access in Ohio for the Bally Bet mobile sportsbook app.
On September 21, 2021, Bally's released a free-to-play mobile game titled 'Dawg Pound Predictor' where Cleveland fans can compete for tickets to games, official team merchandise, and autographed memorabilia.Cleveland Cavaliers
Ohio sports betting partner : Caesars (retail), Betway
: Caesars (retail), Betway Stadium : Rocket Mortgage FieldHouse
: Rocket Mortgage FieldHouse Biggest NBA rivalry: Chicago Bulls, whoever LeBron plays for
It seems like a great time to buy stock in a young and promising Cavs team.
The addition of Donovan Mitchell has propelled the listless Cavs to life, making them perennial contenders in the East.
Caesars Sportsbook will be an official retail sports betting partner of the Cavaliers.
They will open an in-house retail sportsbook on the street level inside their team arena, Rocket Mortgage FieldHouse.
In addition, Betway agreed to a partnership with Cleveland in March of 2021.Cleveland Guardians
Ohio sports betting partner : Fanatics Sportsbook (retail), Bet365 (mobile)
: Fanatics Sportsbook (retail), Bet365 (mobile) Stadium : Progressive Field
: Progressive Field Biggest MLB rivalry: White Sox, Twins, Yankees
The Guardians have elected to partner up with Fanatics Sportsbook for their future retail location.
In September 2022, the Guardians were approved for their online license and quickly linked up with bet365 Sportsbook.
Bet365 is now available in Ohio as the Guardian's online skin.
Columbus Blue Jackets
Ohio sports betting partner: Fanatics Sportsbook, Prophet Exchange
Stadium: Nationwide Arena
Biggest NHL rivalry: Penguins
Fanatics Sportsbook will be the official sportsbook partner for Columbus' retail operations, as well as the organization's main online skin.
Prophet Exchange, the nation's first peer-to-peer betting exchange that recently debuted in New Jersey, will serve as the Blue Jackets' second online skin.
Currently, neither is available for betting in Ohio.Columbus Crew
Ohio sports betting partner : Tipico
: Tipico Stadium : Lower.
com Field
: Lower.
com Field Biggest MLS rivals: FC Cincinnati
Tipico Sportsbook and Ohio's original MLS team, the Columbus Crew, agreed on an exclusive sports betting partnership in January 2022.
The deal includes a beer garden sponsored by the sportsbook and brand integration throughout Lower.
com Field.
Tipico has also launched its mobile app and website in Ohio as a skin of the Columbus Crew.FC Cincinnati
Ohio sports betting partner : SuperBook Sports
: SuperBook Sports Stadium : TQL Stadium
: TQL Stadium Biggest MLS rivals: Columbus Crew
Cincinnati's MLS team announced a partnership with SuperBook Sports on July 15, 2022.
The deal named SuperBook the official sports betting partner of the club.
Mobile betting is now available through SuperBook, with a retail book at TQL Stadium expected to follow.
PGA Tour – Memorial Tournament
Ohio sports betting partner : betPARX
: betPARX Venue: Muirfield Village Golf Club
The PGA Tour agreed to a deal with betPARX Sportsbook in March 2022.
betPARX Ohio is now the exclusive sports betting sponsor of the Memorial Tournament, held at Muirfield Village Golf Club in Dublin, Ohio during the spring.
Both the Memorial Tournament and betPARX were approved for a Type A license in Ohio, which allowed betPARX to launch its mobile betting app throughout the state in February 2023.
Hall of Fame Village
Ohio sports betting partner : Betr (mobile), BetRivers (retail)
: Betr (mobile), BetRivers (retail) Venue: Pro Football Hall of Fame Village – Canton OH
On August 11, 2022, it was revealed that the Hall of Fame Resort & Entertainment Company, the owner of the Pro Football Hall of Fame Village in Canton, Ohio, had agreed to a 10-year mobile sports betting partnership with Betr.
A fairly new brand in the field, Betr is the first micro-betting focused online sportsbook.
It was founded by YouTube star Jake Paul, who is an Ohio native.
The app was approved to launch in Ohio via market access from Hall of Fame Village and launched on the New Years Day 2023, the first day of betting in Ohio.
Shortly after on December 23, 2021, the Hall of Fame Resort & Entertainment company announced a second partnership, this time with Rush Street Interactive, the parent company behind BetRivers.
The 10-year agreement will allow Rush Street to operate a retail sports betting location at the Hall of Fame Village.SPIRE Institute
Ohio sports betting partner : Out the Gate
: Out the Gate Venue: Spire Institute, Geneva, OH
SPIRE Institute, a Geneva-based high school and post-graduate sports performance training academy, has also decided to get in on the Ohio sports betting action.
The organization was approved for both Type A and Type B licenses in the state, listing Out the Gate as its sports betting partner.
Out the Gate is a brand new sports betting operator backed by former Don Best Sports executives.
Ohio's championship odds
Club League Odds Cincinnati Bengals NFL Win Super Bowl +1000 Cincinnati Reds MLB Win World Series +6000 Cleveland Browns NFL Win Super Bowl +2800 Cleveland Cavaliers NBA Win NBA Championship +2000 Cleveland Guardians MLB Win World Series +7500 Columbus Blue Jackets NHL Win Stanley Cup +10000 Columbus Crew SC MLS Win MLS Cup +2600 FC Cincinnati MLS Win MLS Cup +420 Georgia Bulldogs NCAAF Win FBS Championship +220
Odds via FanDuel Sportsbook; Updated August 1, 2023
Ohio Casinos & Racinos
There are four casinos and seven racinos located in Ohio.
Ohio sports betting law allows each property, along with the state's professional sports teams, to offer up to two online brands - also known as "skins" - apiece.
Here is more about the existing casinos and their sportsbook partners:
Hollywood Casino Columbus
Facility type : Casino
: Casino Owner : Penn National Gaming
: Penn National Gaming OH sports betting partner: Barstool (mobile + retail), BetRivers (mobile license 2)
Penn National Gaming owns two casinos and three racinos in the state of Ohio.
Its two casino properties are respective Hollywood Casino locations in Columbus and Toledo.
The Hollywood Casino Columbus has called on PNG's very own Barstool Sportsbook brand as its primary mobile betting provider, while also granting market access to Rush Street Interactive's BetRivers app and website as its second online skin.
The Columbus Barstool Sportsbook retail offering consists fo 12,000 square feet of sports betting bliss.
Hollywood Casino Toledo
Facility type : Casino
: Casino Owner : Penn National Gaming
: Penn National Gaming OH sports betting partner: Barstool (retail), DraftKings (mobile)
As for the Hollywood Casino Toledo, they've awarded one of their two mobile skins to DraftKings Sportsbook, while the second hasn't been claimed just yet.
Toledo isn't far behind the Columbus local with 10,000 sqft of sports betting real estate.
Betting windows, kiosks, TV walls, comfortable seating – it has the works.
Hard Rock Bet Cincinnati
Facility type : Casino
: Casino Owner : Hard Rock International
: Hard Rock International OH sports betting partner: Hard Rock
In 2019, Jack Entertainment sold Jack Casino Cincinnati to Hard Rock International for $745 million.
However, Jack still maintains ownership of two other properties in the state – in Cleveland and North Randall.
Hard Rock Bet launched online in the state of Ohio in January 2023, and also maintains the retail sprotsbook at the Hard Rock Cincinnati.
It's a comfortable betting lounge with all modern amenities, and it located right next to the Hard Rock Cafe for convenient access to food.
Jack Casino Cleveland
Facility type : Casino
: Casino Owner : Jack Entertainment
: Jack Entertainment OH sports betting partner: betJACK
At the start of the partnership-race in Ohio Jack Entertainment linked up with a pair of online operators to fulfill its two mobile skins, however, both arrangements fell through.
PlayUp, an Australian sportsbook currently live in New Jersey and Colorado, was originally set to operate as an online skin for Jack Casino Cleveland, but was denied its license in Ohio by the Casino Control Commission.
The second skin was set to go to MaximBet, but the brand has since shut down all operations and will no longer be participating in online wagering of any kind.
So Jack Entertainment took it upon themselves to get the ball moving.
Jack Casino Cleveland launched its very own mobile sports betting app, betJACK Sportsbook Ohio, as the property's lone online skin.
betJACK Sportsbook was live on the first day of sports betting in Ohio and serves as a solid, local option to some of the more ubiquitous national-players.
Belterra Park Gaming & Entertainment Center
Facility type : Racino
: Racino Owner : Boyd Gaming
: Boyd Gaming OH sports betting partner:
Boyd Gaming has a market access deal with FanDuel Sportsbook, which has worked out quite well for Boyd as FanDuel has gained a dominant market share in every state in which it operates.
Ohioans can expect a physical FanDuel Sportsbook similar to the one at Meadowlands Racetrack in New Jersey, along with a launch of its mobile app and website.
Betway Sportsbook is listed as Belterra Park's secondary online operator, so Ohio bettors can expect the Malta-based worldwide bookmaker to set up shop in their state once brands begin to go live.Scioto Downs Racino
Facility type : Racino
: Racino Owner : Eldorado Resorts
: Eldorado Resorts OH sports betting partner: Caesars Sportsbook
Caesars owns Eldorado Scioto Downs, a popular racino outside Columbus.
Caesars Sportsbook has market access to the state through this facility, and the sportsbook has done quite well in the OH market.
Caesars will also likely open a retail sportsbook at Scioto Downs which will no doubt be filled with Buckeye fans during football season.MGM Northfield Park
Facility type : Racino
: Racino Owner : MGM International Resorts
: MGM International Resorts OH sports betting partner: BetMGM
MGM International Resorts established ROAR Digital as a joint venture between MGM and GVC Holdings, and they have done a great job elevating their online brand, BetMGM, into the upper echelon of the U.
S.
sportsbooks.
The companies put up a total of $200 million at the outset of the partnership, and have injected more capital as the U.
S.
market has opened up further.
MGM has also partnered with Yahoo! Sports to serve as an acquisition engine, cut a deal with Buffalo Wild Wings for marketing purposes, and is also using actor/entertainer Jamie Foxx to endorse the brand.
In other words, they're all in, and of course, very experienced in sportsbook hospitality through properties in Las Vegas and Atlantic City, where MGM spent $10 million to build out a sportsbook lounge at the Borgata.
BetMGM has been a market leader in Ohio since the day sports betting launched.
Miami Valley Gaming (Churchill Downs/Delaware North)
Facility type : Racino
: Racino Owner : Churchill Downs Inc (CDI), Delaware North
: Churchill Downs Inc (CDI), Delaware North OH sports betting partner: MVGBet (Betly)
Churchill Downs Inc.
(CDI) owns Miami Valley Gaming, but the company recently pulled the plug on their online sportsbook, TwinSpires.
After a failed attempt at getting into the online casino and sports betting realm, TwinSpires has officially transitioned back to horse racing only.
As a result, Miami Valley Gaming moved forward with Delaware North's Betly Sportsbook brand.
However, instead of using the Betly name in Ohio, Miami Valley Gaming has re-branded the Betly software as MVGBet.
MVGBet Online Sportsbook launched in Ohio on universal launch day, January 1, 2023.
Hollywood Gaming at Dayton Raceway
Facility type : Racino
: Racino Owner : Penn National Gaming
: Penn National Gaming OH sports betting partner: Barstool Sportsbook
Hollywood Gaming at Dayton Raceway opened in 1959 as a car racing and thoroughbred track.
It has since evolved into a racino that launched in August of 2014.
Hollywood Gaming is owned by Gaming and Leisure Properties and operated by Penn National Gaming.
The location will use PNG's Barstool Sportsbook branding for its in-house services.
Hollywood Gaming at Mahoning Valley Race Course
Facility type : Racino
: Racino Owner : Penn National Gaming
: Penn National Gaming OH sports betting partner: PointsBet (mobile), Barstool Sportsbook (retail)
As one may venture to guess, Hollywood Gaming at Mahoning Valley Race Course is also owned by Gaming and Leisure Properties and operated by Penn National Gaming.
Construction began in 2013, and the opening occurred in September 2014, with operations launching in November of that same year.
The track replaced Beulah Park Racetrack in Columbus.
Barstool Sportsbook will serve as the retail location's book while Mahoning Valley secured an agreement with PointsBet for its main online skin.
Jack Thistledown Racino
Facility type : Racino
: Racino Owner : Jack Entertainment
: Jack Entertainment OH sports betting partner: WynnBET
Jack Thistledown Racino is a racino located in North Randall, Ohio.
It is owned by Vici Properties and operated by Jack Entertainment.
The track opened in 1931 and is the home of the Ohio Derby, the only graded stakes race in the Buckeye State.
The location was approved for its license in partnership with WynnBET Sportsbook, which will serve as Thistledown's primary online operator.
WynnBET has yet to debut in Ohio, but is expected to be one of the next OH online sportsbooks to grace the state.
How to sign up for an online sports betting site in Ohio
Ohio-based bettors have a wide range of online sportsbooks to choose from, with 18 different mobile operators already available in the state.
Here is how you can get started and sign up with any of the best Ohio online sports betting apps:
Pick from the best sports betting apps in Ohio
First, we suggest looking over the lists on this page to see our recommendations for the best sports betting apps in Ohio.
From there, you can either click to go straight to the book and create your account, or do a little more research by reading our in-depth reviews of each brand.
Once you've made your choice, be sure to make note of our Ohio sports betting bonus code for that sportsbook or click through our promotional links in order to get the best welcome bonus possible.
Ohio betting account creation
Once you click through to the sportsbook, you'll start the sign up process.
There you'll be asked for your email address and personal details to create your account.
You will need to provide the last four digits of your social security number, to deter fraud and prove that you are of legal age to play.
This is a normal requirement for any legal, regulated sportsbook – no matter the state.
Fund your account, start betting
Next you'll want to make a deposit so you can begin wagering for real money in Ohio and take advantage of your bonus.
Thankfully, since these sites are all legal and regulated, you are able to use a number of different banking methods to add or withdraw money from your account almost instantly.
Some of those options include: PayPal, Visa, Mastercard, ACH transfer, VIP Preferred, PayNearMe, bank wire and more.
Once you see your money inside your Ohio betting account, you can begin making your bets.
Don't forget that you can sign up to multiple Ohio sportsbooks and take advantage of each brand's respective welcome bonuses.
Having multiple options also allows you to shop for the best lines.
Just be sure to play within your means and don't overextend yourself.
Available sports at Ohio sportsbooks
Each Ohio online sportsbook offers its own unique list of different sports to wager on, but generally speaking, most of the brands available in Ohio currently will have similar seletions.
Bettors in Ohio will be able to wager on most, if not all, of the following sports and leagues:
Australian Rules FootballBaseball
Basketball (NBA and NCAA)BoxingCricketDarts
Football (NFL and NCAA)GolfHandballHockeyMMAMotorsportsRugbySoccerTable tennisTennis
Betting markets & bet types
A market is a type of bet.
Sportsbooks offer hundreds of different bet types, or markets, for nearly every sporting event listed.
If you want to bet on Reds moneyline in their upcoming game against the Cubs, that is one market.
A moneyline bet on the Cubs would be a second market.
A spread bet on the Bengals -6.
5 in an NFL game against the Ravens is a third type of market.
Big games like the Super Bowl can have thousands of markets available, mostly related to prop bets like how many rushing yards a running back will get or how many touchdowns a quarterback will throw.
Even low-profile games like a Tuesday night Cavaliers-Grizzlies NBA game can have over 100 different markets offered.
Here are most of the bet types that are available to bettors in Ohio right now:
Sports betting bonuses and promotions in Ohio
Now that sports betting is live in Ohio, there are plentiful promotions available for bettors in the state.
Due to the sheer number of available betting apps, there is no shortage of sportsbook bonuses available in the state.
Though pre-registration is now over, standard Ohio sports betting welcome offers include:Second Chance BetsFirst Bet InsuranceBet and GetsDeposit MatchBet MatchBet CreditsBonus BetsOdds Boosts
Merchandise Giveaways
Check out the table at the top of the page for our favorites in the Ohio betting market.
Ohio betting app banking options
All Ohio online sportsbooks offer different types of deposit and withdrawal options.
Some offer a wide variety of banking options, while others only offer a few.
The more banking options available, the better it is for bettors, because everyone has their own preferred method of funding their sportsbook account.
Be sure to check with your particular financial institution before initiating a deposit, because some banks decline transactions related to sports betting.
Here are all the banking options available at legal, regulated sportsbooks in Ohio:PayPalSkrill
VIP Preferred ACH eCheckPlay+ prepaid card
Visa/MasterCard/DiscoverOnline bankingPayNearMe
Cash at the casino cage
Paper checks mailed to your home addressWire transfer
Ohio sports betting handle: Show OH the money
January 2023 was the first month for Ohio sports betting and boy, did the Buckeye State come to play.
In its first ever month with legal betting Ohio jumped to second overall in sports betting handle.
Only New York ($1.
8B), which has roughly 8 million more residents and has been offering legal sports betting since the beginning of 2022, managed to outpace Ohio's betting appetite.
In total, in its first month the state of Ohio produced more than $1.
1 billion in handle, which led to $209K in gross revenue.
Factor in the 10% tax rate, and there was nearly $21,000,000 in taxes collected by the state for January.
A nice, nice start.
This is quite possibly the most important snippet of Ohio sports betting news of the year: people are betting, and the state is making money.
Month Handle Gross Revenue Gross Revenue Win Rate Adjusted Gross Revenue Taxes Jan-23 $1,114,101,739 $209,049,302 18.
76% $209,055,880 $20,922,359 Feb-23 $639,795,553 $82,879,568 12.
95% $82,987,169 $8,306,004 Mar-23 $738,613,175 $95,313,124 12.
90% $95,346,224 $9,551,057 Apr-23 $522,703,584 $63,819,857 12.
21% $63,898,463 $6,405,348 May-23 $447,477,360 $57,951,152 12.
95% $58,002,520 $5,819,393 TOTALS $3,462,788,568 $509,001,083 14.
70% $509,290,256 $51,004,161Ohio casino history
The Buckeye State is a relative newcomer to the casino industry, having only had retail casino gambling since 2012.
Ohio voters approved a ballot initiative in 2009 to allow for casinos in four of its major cities.
Ohio was part of the regional casino boom that occurred in the aftermath of the Great Recession, which temporarily damaged gaming revenue in Las Vegas.
Tourism was hit hard, so the industry lobbied to put casinos across the country.
Casino gambling also allowed states to raise revenues without raising taxes on residents, and Ohio, along with many other states, went that route.
Under Ohio law, the four casinos are regulated by the OCCC, while the racinos are under OLC oversight.
The racinos don't have live dealer table games, which is the main difference between the facilities.
Casinos open, change betting in OH
The first casino to open was Hollywood Casino Toledo in 2012, followed by the other three casinos in the spring of 2013.
The first racino also opened in 2012.
The racinos were authorized under an executive order from the governor that allowed video lottery terminals at the racetracks.
Ohio has had seven racinos since 2014, and under the legal landscape, there isn't a cap on the number of racinos.
There is a cap of four Las Vegas-style casinos.
With the advent of legal sports betting in 2023, each casino facility is now home to a state of the art retail betting venue.
21+ and present in OH.
Gambling Problem? Call 1-800-GAMBLER
