The Ohio Casino Control Commission (OCCC) recently announced the universal start date for sports betting will be January 1, 2023. That’s the date House Bill 29 mandated as the deadline that sports wagering must begin. Governor Mike DeWine signed the bill last December.
The OCCC’s announcement dashed hopes that sports betting would debut in time for football season. The commission’s executive director, Matt Schuler, said the January universal start date provides the necessary time for the state and prospective sportsbooks to prepare for launch.
Schuler also presented the timeline for state’s preparations leading to the January 1 launch, including a July 15 deadline for sports wagering license applications. A total of 65 licenses−40 retail and 25 mobile−will be available in the state.
Once it launches, players will be able to place sports bets online, at casinos and racinos and at betting kiosks in bars, restaurants and professional sports facilities. Wagers will be allowed on professional sports teams, motor sports, Olympic events, golf and tennis and major college sports.
Operators will pay a 10 percent tax on net revenue, which will be directed to public education and problem gambling services. The state Legislative Service Commission estimated sports betting eventually will generate $3.35 billion.
Bordering states Michigan, Indiana, Pennsylvania and West Virginia already have legalized sports betting.