Ohio Governor DeWine Aims to Double Sports Betting Tax Rate in Proposed Budget

Ohio Governor Mike DeWine is attempting to double the tax rate from 10 percent to 20 percent just over a month after sports betting became legal in the state. This increase is part of his biennial executive budget plan for the 2024–2025 fiscal years.

The budget doubles the tax on sports wagering that casinos and teams operating mobile sportsbooks must pay. A Bloomberg Tax analysis shows that the tax is just a little bit higher than the average 19 percent levied by other states.

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Commentary: Legalized Sports Betting Has Transformed the Fan Experience

A couple of days before Christmas, I went to see the NHL’s Nashville Predators play on their home ice against the defending Stanley Cup champion Colorado Avalanche.

Amid all the silliness of a modern pro sports experience – the home team skating out of a giant saber-toothed tiger head, the mistletoe kiss cam, a small rock band playing seasonal hits between periods – there was a steady stream of advertising for DraftKings, a company known as a sportsbook that takes bets on athletic events and pays out winnings.

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Ohio Sports Betting Companies Fined $150K After ‘Repeated Violations’

Mere days after Governor Mike DeWine cited concerns with Ohio’s new sports betting setup, the Ohio Casino Control Commission (OCCC) issued three more warnings for infractions on Thursday.

According to the OCCC, BetMGM, LLC (BetMGM); American Wagering, Inc. (Caesars), and Crown OH Gaming, LLC (DraftKings) violated state law and administrative rules regarding advertising.

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Governor DeWine Says Sports Betting Operations Have Already Crossed the Line in Ohio

A mere two days since the legalization of sports betting in Ohio, Governor Mike DeWine is already questioning the legality of some companies’ practices.

In his first remarks on the matter since the state’s legalized sports betting on Sunday, DeWine said he had taken a personal interest in upholding state laws governing gambling organizations’ advertising.

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