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Ohio’s Sport Betting Laws

Ohio is moving towards legalization of sports betting. The state is on a two-year timeline for its active sports betting bills, one in each legislative chamber. The bills can carry over into 2020, so this explains why it’s been relatively quiet in the Buckeye State since bills were introduced this spring. A long-awaited bill appeared in March of this year and proposals are at odds over the regulator of sports betting, with the House version calling for the lottery to oversee it, and the Senate version calling on the Ohio Casino Control Commission.

What’s included in Ohio’s betting bill?

Here is a quick look at the legislation:

  • Both casinos and racinos in the state could offer sports wagering; there are 11 totals.
  • Licensees must pay a $100,000 fee.
  • Licensees are allowed to partner with operators for retail and/or online wagering. Remote sign-up is allowed.
  • Gross revenue is taxed at a rate of 6.25 percent.
  • It does not appear as if pro sports leagues would get a royalty or integrity fee under the bill.

The bill appears to limit each licensee to just one online betting platform The Senate bill has yet to have a hearing, while the House version has had some public discussion. The odds are long that Ohio will legalize this year, but some additional groundwork could surely be completed before the end of the year to make a push in 2020 successful.

Chances of getting sports betting legalized in Ohio are looking good for next year while the process seems to be moving in the right direction with some important representatives like the ones Bill Coley and governor Mike DeWine getting heavily involved in passing the sports betting bill.

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