Perhaps you have heard the rumors that the Buckeye State is looking to regulate the online sports betting industry.
We are here to confirm that they are true! Ohio online sports betting is expected to launch as soon as appropriate regulations fall into place. Read up to learn what we know about this matter so far.
Ohio Sports Betting
When PASPA was lifted in 2018, the US began legalizing online sports betting one by one. New Jersey was the first state to hop on the online betting wagon. A few other states opened their doors to online sportsbooks soon after.
Right now, players can open their online sports betting accounts in Colorado, Illinois, Indiana, Iowa, New Hampshire, Pennsylvania, and several other states. Unfortunately, the Ohio online sports betting scene is still non-existent. The only two areas of online sports betting that have been legalized are horse racing and daily fantasy sports.
Ohio players are optimistic that Ohio online sports betting will become available soon. However, given the current state of the legislative process, the best they can hope for is Q2 2021. Here’s why.
In May 2020, the Ohio Sports Betting Bill finally passed the House and received clearance to move to the Senate. However, the House bill and the Senate bill are currently in disagreement over one matter: which regulatory body should be responsible for overseeing the sports betting activities?
The House bill states that the regulatory body should be the Ohio Lottery Commission, whereas, in the Senate bill, the responsible party will be the Casino Control Commission.
The governor’s cabinet is eager to have the sports betting legislation passed before the elections in November. One of the latest pieces of information we gathered was that a compromise between the House and the Senate could be in the works.
As soon as we hear of an update, we’ll make sure to bring you all the latest info in our article on Ohio online sports betting.
What could be in the works as soon as the legislation passes? In other states in which online sports betting has already been legalized, a sportsbook can operate. But only if it has entered a partnership with a land-based casino. This is a statewide requirement for sportsbooks in order to offer their sports betting services.
In Ohio, there are 11 casinos, and Penn National operates four of them. Penn National is the brand that has brought Barstool Sportsbook, FOX Bet, DraftKings Sportsbook, and theScore bet to other US states in which sports betting is legal. We can safely presume that players interested in Ohio online sports betting can expect these brands to join the market once it launches.
List of Possible Sportsbooks in OH
- FanDuel Sportsbook
- Boom Sports
- William Hill
- Hard Rock Sportsbook
- Fox Bet
- BetMGM Sports
- Caesars Sports
However, we have to note that this is merely our assumption. We have yet to see what will happen in the Buckeye state. First, sports betting needs to become legal, and then we’ll be able to examine potential sportsbooks in greater detail.