Ohio sees strong launch of online sports betting over New Year's weekend
Ohio launched legal sports betting Jan. 1. Over New Year's weekend, there were 11.3 million transactions in 16 sportsbooks. Cincinnati saw the most legal mobile action with just under 1,9 million geolocation transactions. Cleveland and Toledo tallied 772,000 and 619,00 transactions, respectively. Gambling.com Group Ltd. has high expectations in the state. It hopes other states will follow Ohio's example. The company receives a conversion fee from participating sportsbook after customers sign up, make a deposit and then wager.
Maryland's sports wagering handle totaled almost $219.1 million in November 2022. The figure includes contributions from five casinos and four off-track betting outlets. It also includes $63.8 million of free promotional play from the sportsbooks.
Encore Boston Harbor, MGM Springfield and Plainridge Park Casino will launch sports betting on Jan. 30. It will go live via betting kiosks and casino windows the following day. The biggest sports betting day of the year is Super Bowl LVII on Feb. 12. Encore will partner with WynnBet, operated by Wynne Resorts Ltd.'s Wynnt Interactive LLC, and Caesars Sportsbook. MGM will work with BetMGM. Plain Ridge Park will use PENN Entertainment Inc.''s Penn Sports Interactive and Fanatics Inc.’s upcoming sportsbook to launch its own. Mobile/online betting is expected to bow in Massachusetts ahead of March Madness college basketball tournament, which tips March 14.
Gambling.com CEO Charles Gillespie is eyeing Texas. Texas has 11 MLB, NBA, MLS and NFL teams, including the Dallas Cowboys. Even if a referendum measure passed, sports betting would not likely be enacted until 2024.
