OHIO SET FOR REGULATED SPORTS BETTING AS BILL SIGNED INTO LAW

Ohio Governor Mike DeWine has signed the state’s sports betting legislation into law.

The approval legalises and regulates sports betting online and at land-based sportsbooks, via self-service betting kiosks, and through the state lottery, and introduces an exclusion list to protect vulnerable gamblers.

An initial 25 Type A licenses will be available for online betting, 40 Type B licenses for sports gaming facilities, and 20 Type C licenses for self-service betting kiosks in licensed liquor establishments

License issuance fees range from $500,000 to $3.3m, with the highest fee applicable to second mobile management service provider licenses. HB29 passed the Ohio legislature in early December and was signed into law by Governor DeWine on Wednesday December 22.

Gamingintelligence