All About Ohio Sports Betting Handle And Revenue

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We at BetOhio.com, your home for expertise on all Ohio sports betting topics, put together this guide to explain terms such as handle, revenue and tax collections.

Ohio began its legal sports betting market on Jan. 1, 2023. The Buckeye State offers a variety of operators, and ways to bet, like no other jurisdiction. Ohio has more than two dozen outlets for either online or retail sportsbooks, with the latter being located mostly at casinos or racinos (the term for racetracks with slot machines). Ohio also offers hundreds of sports betting kiosks at businesses around the state.

Many professional sports teams in Ohio have partnerships with national sports betting brands to operate online sportsbooks. For instance, the NHL’s Columbus Blue Jackets partner with Fanatics and MLB's Cleveland Guardians have a deal with Bet365 Ohio Sportsbook to offer wagering.

As is the case in every state that offers legal, regulated sports betting, the vast majority of wagers are placed by folks using online operators to place bets at of Ohio sportsbook apps, using their smart phones, laptops or desktop computers.

In addition to those pro sports teams and facilities that have joined with online operators, there are retail sports betting outlets for in-person betting. The Cincinnati Reds have a retail BetMGM Sportsbook in Ohio and the Cleveland Cavaliers have a similar partnership with Caesars. The state’s four casinos and seven racinos also each have partnerships for retail sportsbooks.

Ohio Sports Betting, September vs. August

 

Total handle

Mobile handle

Revenue

September

$967.404M

$949.940M

$77.706M

August

$663.174M

$651.127M

$72.655M

Change

Up 45.9%

Up 45.9%

Up 7.0%

The return of NFL action and the first full month of college football reaped big returns for Ohio sports betting operators in September.

The Buckeye State’s sports betting handle (all 3 types combined) totaled $967,403,547 last month, up 45.9% from August ($663,174,153) in a month-over-month comparison, according to financial figures that the Ohio Casino Control Commission submitted Oct. 31 on its website.

The state’s mobile sports betting handle (Type A proprietors) was $949,939,676 in September, up 45.9% from $651,126,601 in the previous month.

That surge in Ohio sports betting handle trickled down to retail sports betting operators as well, with a total handle of $17,039,371, up 46.5% from August ($11,633,827). At kiosks (Type C proprietors) around the state, Ohioans bet $424,500 for the month, 2.6% higher than $413,725 in August.

Ohio’s total sports betting revenue (Types A and B combined) increased 7%, from $72,655,245 in August to $77,706,366 for September. Online outlets reported a surge up to $76,693,646 for September, up 8.4% from August ($70,719,624). The promotional gaming credits (mobile only, not deductible from total gross receipts) totaled $46,717,348 for September.

In September, Ohio sportsbooks chipped in a total tax bill (which is 20% of the taxable revenue derived from sports wagering) of $15,553,754. Of that, $15,338,729 came from mobile wagering during the ninth month of the year.

The top Ohio mobile sports betting operators by handle in September were Hollywood Toledo (DraftKings, $342,683,379), Belterra Park (FanDuel, $306,128,745), Cleveland Guardians (bet365, $75,848,261), MGM Northfield Park (BetMGM, $60,413,412) and the Columbus Blue Jackets (Fanatics, $52,344,635).

Ohio Mobile Sports Betting History

Ohio Sports Betting Handle and Revenue FAQs

Author

Christopher Boan

Christopher Boan writes for BetOhio.com and has been covering sports and sports betting for more than seven years, with experience at ArizonaSports.com, the Tucson Weekly and the Green Valley News.

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