OHIO SPORTS BETTING LEGISLATION SUBMITTED TO GOVERNOR DEWINE

Ohio’s sports betting bill is headed to Governor Mike DeWine for approval after securing legislative approval last week.

The bill would allow sports betting online under a Type A license, at land-based sportsbooks (Type B license), and via self-service betting kiosks (Type C license), with the state lottery commission exempt from the sports betting licensing requirement.

A maximum of 25 Type A licenses would be available at any one time, although the Ohio Casino Control Commission may increase this number after all 25 licenses have been issued, if it can be proven to be beneficial to the state.

Type A licenses are available to operators with a place of business within the state with multiple employees, as well as sports gaming facilities which also hold a Type B license.

A total of 40 Type B licenses are available to land-based sports gaming facilities, while licensed liquor establishments will be eligible for one of up to 20 Type C licenses.

Type A license holders will initially be allowed to partner with one online operator, with professional sports organisations, casino operators and video lottery sales agents given preference in awarding Type A licenses.

Numerous iGaming operators and suppliers have already agreed deals to enter Ohio’s regulated market. They include Carousel Group’s Maximbet brand, which has teamed up with an undisclosed partner, Kambi and GAN, who have partnered Jack Entertainment, and DraftKings, Kindred Group, PointsBet, Rush Street Interactive, theScore and Fox Bet, who have all partnered with Penn National Gaming.

Gamingintelligence