House Bill 29<\/a> stipulated the universal launch date as the earliest possible date for all operators.<\/p>\nThe launch date, though, will coincide with Week 17, the penultimate week of the regular season. So, the first day of wagering will feature 14 regular season games, including the Cleveland Browns at the Washington Commanders.<\/p>\n
Even bigger, the Monday Night Football game that week will feature the Cincinnati Bengals hosting the Buffalo Bills. That\u2019s the defending AFC champs at home against the team that\u2019s the consensus favorite to win the Super Bowl this year. It\u2019s one of the biggest games this season in the NFL.<\/p>\n
Likewise, the late launch will mean Ohio State college football fans will not get a chance to bet on their Buckeyes during the regular season. The semifinals for the College Football Playoff won\u2019t be available either since those are scheduled to take place on New Year\u2019s Eve.<\/p>\n
However, should Ohio State earn a Rose Bowl bid, that game will be played on Jan. 2 and will be the lead-in on ESPN to the Monday Night Bengals\u2019 game.<\/p>\n
Talk about an early stress test for the betting apps.<\/p>\n
Ohio Sports Betting Details<\/h2>\n Based on the law the legislature passed last December, Ohio is allowed to license 25 online sports betting operators, 40 brick-and-mortar sportsbooks, and 20 companies that can install kiosks in bars across the state.<\/p>\n
The online apps and retail sportsbooks can partner with proprietors for licenses. Eligible proprietors include the eight major professional sports teams, the state\u2019s PGA Tour (The Memorial at Muirfield Village Golf Club in Dublin near Columbus), the state\u2019s NARCAR race (O\u2019Reilly Auto Parts 150 at Mid-Ohio Sports Car Course in Lexington), the state\u2019s four commercially licensed casinos, or the state\u2019s seven racinos.<\/p>\n
It\u2019s possible for a proprietor to partner with more than one mobile or retail betting operator.<\/p>\n
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Sportsbooks will be limited to counties meeting certain population or tourism thresholds. The state\u2019s three largest counties \u2013 Cuyahoga, Franklin, and Hamilton \u2013 can each have up to five retail sportsbooks. The next three largest \u2013 Lucas, Montgomery, and Summit \u2013 can each have three. Mahoning and Warren counties qualify for two sportsbooks, while 20 other counties can have one.<\/p>\n<\/div>\n
There will likely be thousands of bar kiosks across the state. However, those kiosks will operate differently from the online and retail sports. The kiosks will have limited betting options, and there will be limits on how much people can bet per week on them.<\/p>\n
Operators will pay a 10% tax on gaming receipts, which is considered to be sportsbook revenue minus winnings paid out and voided bets refunded.<\/p>\n
The state expects to receive $10 million in revenue for licensing fees, according to the Ohio Legislative Budget Office. For a full year, the state expects sportsbooks to win more than $240 million, meaning the state would receive about $24 million.<\/p>\n","protected":false},"excerpt":{"rendered":"
Sports betting in Ohio will launch on Jan. 1, 2023. Ohio Casino Control Commission Executive Director Matt Schuler made the announcement at Wednesday\u2019s commission meeting. The date was not necessarily a surprise. When the state\u2019s legislature passed a law legalizing sports betting late last year, it set Jan. 1, 2023, as the rollout deadline. The […]<\/p>\n","protected":false},"author":45,"featured_media":215594,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13592,1074],"tags":[],"acf":[],"yoast_head":"\n
Ohio to Ring in New Year's 2023 with Universal Sports Betting Launch<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n