Legal sports betting is coming to Ohio: Here's what to know
Sports betting is legal in Ohio starting January 1st. George Goldoff is planning to build a "Man Cave in the Sky" in his Hard Rock Cafe in Cincinati. There are more than 40 companies approved for online sports betting in states where it's legal. There will be a lot of marketing for the business. The business is growing. It's already popular in Las Vegas. In the United Kingdom, there are BETFRED and PAYCOR. They are the partners of the Cincinnati Bengals. A lot will happen in terms of branding. If you live in OHIO, expect to get hit over the head with social media ads, TICKET GIVEAWAYS and BETTING BLITZ.
Beginning January 1, 2023, sports betting will be legal in Ohio. It will become the 27th state, plus the District of Columbia, to have sports gambling legal state wide.
The Cincinnati Bengals, Reds and FC Cincinnati have all announced partnerships with sportsbooks in the last several months. Elsewhere in Ohio, the Cleveland Browns, Guardians, Columbus Blue Jackets and Columbus Crew have also secured deals with the sportsbook.
Legal Sports Report says 24 companies have submitted to operate in the state. 15 of them have been conditionally approved. Bally Bet, Barstool, Bet365, Betfred, Bayside, Bettly, PokerStars, PointBet, Fanatics, DraftKings, Hard Rock, Instabet/Betr, Out the Gate, Play Up, Superbook, Tipico, Underdog and WynnBet are among them.
BetMGM is opening a sportsbook inside Great American Ballpark. Hard Rock Casino is launching a similar sports book. Pete Rose will place the first bet at 12:01 a.m. on January 1, 2023.
Legal sports betting is coming to Ohio in 2023. The state will collect a 10% state tax on the proceeds and give it to K-12 schools.
