ohio sports betting – FairOdds Network

February 7, 2025

State of the Union: Bet the coin flip in MA, OH lawmakers aren’t for doubling the tax, more

Welcome to iGB's State of the Union, a look at the biggest North American sports betting stories we've covered over the week and briefs on others we found interesting.

MA regulator to allow Super Bowl coin flip bets

A year after voting not to allow bets on the Super Bowl coin flip, the Massachusetts Gaming Commission (MGC) reversed itself on Thursday (6 February). Operators in the state can now offer the bet ahead of Sunday’s Super Bowl between the Kansas City Chiefs and Philadelphia Eagles. Since last year, former MGC chair Cathy Judd-Stein retired and commissioner Paul Brodeur joined. Brodeur, who said “it’s not something that can be gamed, so I’m comfortable moving forward with this,” was the swing vote.

The commission also agreed to hold an adjudicatory hearing for Caesars Sportsbook. The company took bets on the total number of red cards during UEFA Euros 2024. MGC regulations prohibit bets on penalties, injuries and other things that could be manipulated. Caesars to..

February 4, 2025

Ohio governor wants to double sports betting tax… again

Ohio's governor, Mike DeWine, rolled out his final budget proposal on Monday (3 February) and it includes raising the legal sports betting tax on operators to 40%.

Should the state legislature agree, it would mark the second time since July 2023 that the tax was raised. In 2023, DeWine pushed through a budget that hiked the tax from 10% to 20%. That moved Ohio from a gambling-friendly tax state to one on the higher end of the spectrum.

If the tax goes to 40%, it would make Ohio the second-most expensive competitive market for wagering operators. New York has the highest tax rate at 51%. And last summer, Illinois Governor JB Pritzker initiated discussions to raise the tax in his state. Pritzker initially proposed more than doubling the 15% tax to 35%. But lawmakers went further, creating a sliding scale between 20% and 40%. The highest-revenue companies pay at the top end of the scale.

“We have known since day one that DeWine has hated sports betting,” gambling consultant Bren..

November 15, 2024

State of the Union: New Jersey to ban college props? Polymarket under fire and more

Welcome to iGB's State of the Union, a look at the biggest North American sports betting stories we've covered over the week and briefs on others we found interesting.

New Jersey bill would ban college-player props

Yesterday (14 November) New Jersey’s house tourism, gaming and the arts committee moved forward a bill that would ban betting college-player prop bets. The bill is likely in response to the NCAA’s campaign to get all US states to ban such bets.

But wagering operators have long argued that banning any kind of bet will only send bettors to the black market. That will take money away from companies and states. And it also puts consumers at risk.

“Player propositions are available on illegal and offshore sportsbooks and removing customers’ ability to place legal wagers will deter bettors from moving to the regulated market,” American Gaming Association SVP of strategic communications Joe Maloney told iGB in May.

Thirteen US states ban betting on college-player p..

October 3, 2024

FanDuel holds off DraftKings challenge to lead Ohio betting market in August

Flutter Entertainment-owned FanDuel remained the frontrunner in the Ohio sports betting market in August – a month in which the Buckeye State saw revenue drop to a calendar year-low
According to the Ohio Casino Control Commission report that dropped on Tuesday (1 October), total player spend in Ohio for August was $547.9m (£417.6m/€496.2m). This is 44.6% ahead of last year and 14.9% more than July of this year.

Consumers wagered $539.9m on sports online during the month, while a further $13.0m was bet at retail sportsbooks.

In terms of taxable revenue, this amounted to $48.8m, the lowest monthly total so far for 2024. The August figure was 19.6% more than the same month last year but 8.8% behind July’s $55.3m haul.

Online sports betting generated $46.6m in revenue, while retail sportsbooks contributed $2.0m to the monthly total. Total taxable revenue for the year-to-date in Ohio stands at $541.5m.

As for hold, this hit 8.91% for the state as a whole in August. Online hold was 8.63%..

October 1, 2024

Pete Rose bet on his own team. But he also embodied baseball for generations. That’s worth remembering

Baseball legend Pete Rose died on Monday (30 September). But you already know that. And if you're like me and grew up watching Rose play, you're left with a host of complicated feelings.
Since that fateful day 35 years ago, when Pete Rose accepted a spot on baseball’s “permanently ineligible” list, his legacy has been fraught. Unquestionably one of the best ballplayers who ever lived, Rose broke sports’ cardinal rule. He bet on baseball and, not only that, on his own team.

Rose died in his home on Monday of causes yet unknown, a spokesperson for the Clark County office of the coroner/medical examiner in Nevada told CNN. He was 83.

On 23 August 1989, then-Major League Baseball commissioner A Bartlett Giamatti banned Rose from the game. Forever. Rose didn’t think it would stick. But Giamatti died of a heart attack just a week after penalising Rose. Since then, no other MLB commissioner has seriously considered reversing the ban, which means Rose could very well be the best..

June 18, 2024

Ohio regulator on track to change advertising, integrity monitoring rules

On Tuesday (18 June) morning the Ohio Casino Control Commission (OCCC) continued to refine its rules, approving a change to its advertising and promotional rules and expanding the scope of what integrity monitors may do. At about the same time, Michigan regulators said they weren't “trying to shut down” amusement businesses.

Both of Ohio’s amended rules must still go through the state’s Common-Sense Initiative office and the legislative Joint Committee on Agency Rule Review. The proposals would go before the OCCC again later this year before final approval.

In Ohio, which already has some of the most stringent advertising and marketing rules, the OCCC voted to ban gambling companies from offering promotions as part of a “non-gaming, consumer transaction”. The prohibition would apply to consumers under the age of 21, the legal age for gambling.

This would mean, for example, that a company like Fanatics Sportsbook could not offer promotions to a high-school aged customer buyin..

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Tag: ohio sports betting