Group: Ohioans Will Bet ‘Massive’ Amounts of Money

A leading sports gambling organization believes Ohio will wager more than most every other state once betting becomes legal Jan. 1.

PlayOhio, a division of PlayUSA, predicts people across the state will place $8 billion in bets during 2023, ranking only behind New York, Illinois, New Jersey and Nevada in terms of handle.

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Survey: 66 Percent of Ohioans Say They Won’t Bet on Sports

Legal sports betting is still more than six months away, but more than two-thirds of Ohio adults say they don’t plan to place any wagers when it becomes legal, according to a new survey.

Legal sports wagers can be placed Jan. 1, but the survey by BetOhio.com shows 21% of Ohio adults are very or somewhat likely to bet. The survey also showed potential preferred brands for those who expect to wager.

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Missing NFL Bets Could Be Costly for Ohio Sports Gaming

Ohio could lose as much as $130 million a week if it continues to hold to a Jan. 1 launch date for legalized sports betting and miss the majority of the NFL season, an industry-leading group said.

PlayOhio, part of the PlayUSA Network, estimates the state’s handle could reach between $8-10 billion over the first 12 months and almost $1 billion in gross gaming revenue. It also estimates, partly because of the state’s two NFL teams, gambling operations could bring in as much as $130 million per week in NFL-specific betting volume.

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Sports Betting Officially Becomes Legal in Ohio

Sports Book Betting

Gov. Mike DeWine officially made sports betting legal in Ohio with his signature, but it will likely be more than a year before the first legal bet can be placed in the Buckeye State.

DeWine signed House Bill 29 into law late Wednesday, creating online, retail and kiosk legal sports gaming throughout the state, but officials believe it could be January 2023 before legal betting begins.

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Ohio Senate Approves Legalized Sports Betting

Cleveland Browns football defense

Sports bettors in Ohio are a step closer to being able to stay in state to place a wager after the Ohio Senate passed a bill legalizing sports betting and e-bingo.

If passed by the House and signed by Gov. Mike DeWine, Senate Bill 176 brings Ohio in line with neighboring Indiana, Michigan, West Virginia and Pennsylvania by allowing sports bets through retail or online sportsbooks.

The legislation passed Wednesday with a 30-2 vote.

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