Sports Betting Will Have to Wait in Ohio

Written by:
Mary Montgomery
Published on:

It looked so promising but there probably won't be any sports betting in the Buckeye State this year it appears.

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The dilemma? Too many bills and probably nothing to show for it in the end.

Our friends at PricePerPlayer.com explain the vast differences between the bills that have been drafted so far.

House Bill 194, or HB 194, wants the Ohio Lottery Commission to regulate the industry. This could mean overseeing as many as a thousand sportsbooks in the state. Meanwhile, Senate Bill 111, or SB111, wants oversight to go to the Ohio Casino Control Commission. They also want sports betting to be limited to just the 11 casinos and racetracks that have licenses in the state. Taxes will be 6.35%, with a $10,000 initial license fee and $100,000 every 5 years.

Also, the senate bill looks to allow online and mobile sports betting sites. The risk for the bill, however, is the limitation on the number of licensed operators to be allowed. The House version opens the market to much more licensees.

Sports betting in Ohio this year can't be completely written off just yet.  Whereas a lot of states (i.e. California) end their annual legislative periods before summer, Ohio is in session the full year.  This means that a bill can still be passed in time for sports betting on the 2020 Super Bowl.

- Mary Montgomery, Gambling911.com

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