All About Ohio Sports Betting Handle And Revenue

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, MLB's Cleveland Guardians have a deal with Bet365 Ohio Sportsbook and even Muirfield Village Golf Club got in on the action, teaming with Parx Interactive.

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, October vs. September

Ohio Sports Betting Handle and Revenue: October 2024

October ended up being a good month for Ohio sports betting as the Buckeye State’s Casino Control Commission announced the licensed operators reported a handle of $902,902,897.

Behind only January 2023, when sports betting launched in Ohio, the October handle was the second largest in state history. It also was a 4.5% improvement from the $864,256,371 wagered in September.

The increased betting activity came from gains made online ($881,729,955, up 4.7% from September’s $842,350,399) and from lottery kiosks ($1,456,680, up 16.7% from September’s $1,247,741). Brick-and-mortar operators reported a 4.6% decline from $20,658,231 in September to $19,716,262 in October.

October’s handle included promotional credits of $37,728,656.

While the overall handle increased, bettors were also better in October as Ohio online and retail sports betting operators announced revenues of $81,139,523. That was down 23.2% from September’s $105,647,096. Nearly all winnings came from online apps, with the October mobile revenue of $80,134,920 down 21.8% from September’s $102,419,019.

As operator revenues fell, so did Ohio sports betting tax receipts. The state received $16,295,795, a decrease of 23.3% from September’s $21,233,581.

The top online sports betting operators in October were FanDuel Ohio Sportsbook, which reported a handle of $307,227,901; DraftKings, which took $297,903,095 in wagers; bet365, which accepted $72,229,539 in bets; BetMGM, which announced $59,488,055; and Fanatics, which had handle of $41,693,272 for the month.

Ohio Mobile Sports Betting History