All About Ohio Sports Betting Handle And Revenue

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We at BetOhio.com, your home for expertise on all Ohio sports betting topics, put together this guide to explain terms such as handle, revenue and tax collections.

Ohio began its legal sports betting market on Jan. 1, 2023. The Buckeye State offers a variety of operators, and ways to bet, like no other jurisdiction. Ohio has more than two dozen outlets for either online or retail sportsbooks, with the latter being located mostly at casinos or racinos (the term for racetracks with slot machines). Ohio also offers hundreds of sports betting kiosks at businesses around the state.

Many professional sports teams in Ohio have partnerships with national sports betting brands to operate online sportsbooks. For instance, the NHL’s Columbus Blue Jackets partner with Fanatics and MLB's Cleveland Guardians have a deal with Bet365 Ohio Sportsbook to offer wagering.

As is the case in every state that offers legal, regulated sports betting, the vast majority of wagers are placed by folks using online operators to place bets at of Ohio sportsbook apps, using their smart phones, laptops or desktop computers.

In addition to those pro sports teams and facilities that have joined with online operators, there are retail sports betting outlets for in-person betting. The Cincinnati Reds have a retail BetMGM Sportsbook in Ohio and the Cleveland Cavaliers have a similar partnership with Caesars. The state’s four casinos and seven racinos also each have partnerships for retail sportsbooks.

Ohio Sports Betting, April vs. March

 

Total handle

Mobile handle

Revenue

April

$808.178M

$794.762M

$73.685M

March

$993.011M

$972.853M

$66.454M

Change

Down 18.6%

Down 18.3%

Up 10.9%

April brought about the expected decline in Ohio sports betting traffic, but the month ended up being a more profitable one for the Buckeye State’s online sports betting operators.

According to figures that the Ohio Casino Control Commission released on May 30, bettors wagered $808,178,929 during the fourth month of the year. That was down 18.6% from the March total of $993,010,710.

Ohio’s 14 online sports betting operators accounted for $794,762,003 of April’s handle. That was an 18.3% drop from the $973,852,637 wagered at Ohio sportsbook apps in March. Brick-and-mortar sportsbooks witnessed an even steeper decline as the 13 retail locations took $12,459,900 in bets. That was off by 34.8% from the $19,122,972 reported in March.

The lottery kiosks located across the state experienced a more modest decline as those machines accepted $957,026 in bets. That was just 7.5% less than the $1,035,101 in wagers the previous month.

While handle fell, revenues did not – at least from a mobile perspective. Online operators claimed $74,052,416 in April, a 15.4% improvement from the $64,177,745 they generated in March.

However, brick-and-mortar sportsbooks reported a combined loss of $367,110 for the month. In March, those operators made $2,276,116 in revenue. Four retail operators reported a loss, with BetMGM’s Cincinnati location paying out $990,997 more than it took in for the month.

In all, the state received $15,002,614 in taxes for the month, with $14,862,404 coming from online licensees.

The top Ohio sports betting operators by handle for April were: FanDuel ($271,745,566), DraftKings ($248,573,055), bet365 ($77,158,006), BetMGM ($53,226,981) and Fanatics ($46,337,454).

Ohio Mobile Sports Betting History

Ohio Sports Betting Handle and Revenue FAQs

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Editorial Staff

The experts at BetOhio who bring you the latest updates in Ohio sports betting. We pull together decades of experience to give you analysis as well as comparisons of the best OH online gambling apps.

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