Legal sports betting in Ohio is one of the most hotly anticipated launches in the nation. Legislation has been in the works for years and in December 2021, House Bill 29 was passed, legalizing sports betting in the state. However, launch is yet to come and is months away. Where at in the process is the Buckeye State in having sports betting accessible to its residents?
Stay up to date with legal sports betting in Ohio as the summer continues.
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Ohio Sports Betting To Launch In January
It was confirmed earlier this summer that sports betting in the Buckeye State would launch on– not before– Jan. 1, 2023. While the date gives Ohio residents optimism and a hard date to look forward to, it is notably after much of the NFL season has passed (and all of the college football season). Between now and Jan. 1, the state and its potential operators have work to do.
Some sportsbooks have already inked deals with Ohio teams, namely Bally Bet (Cleveland Browns), Caesars Sportsbook (Cleveland Cavaliers), and WynnBet (Cincinnati Reds). There’s plenty of professional teams left without deals, including the Guardians, Bengals, Blue Jackets, and Crew.
According to PlayOhio, the launch of sports betting in Ohio could be one of the biggest in the country. Recently, we saw New York cross the $8 billion mark in handle since January and over $260 million in revenue. New York is the fourth-most populous state and Ohio is the seventh, each state carrying a huge professional sport footprint.
Already, sportsbooks are launching free-to-play options for customers to both familiarize themselves with the book and learn to the ropes of sports betting.
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What Sportsbooks Will We See In Ohio?
In the middle of June, the first two mobile sportsbooks applied for licensure in Ohio– BetMGM and PointsBet. On June 22, DraftKings Sportsbook became the third, applying under the name Crown Ohio Gaming.
We already know that local JACK Entertainment will have their own sportsbook, BetJACK, and their two casinos (both in Cleveland) applied for a Type A (mobile) license. JACK also applied their casinos for Type B licenses for in-person retail books.
Applications are still open for another two weeks if the book wants to launch on Jan. 1. There’s 25 mobile licenses allowed, per HB29, so we can expect to see plenty more books submit their applications soon. Other operators we’re expecting include Caesars, FanDuel Sportsbook, and Barstool Sportsbook.
Stay tuned for a complete list of operators in the state.