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, November vs. October

Ohio sports bettors in November wagered more than $1 billion, passing that barrier in a month for just the second time since legal wagering began nearly two years ago.

Through kiosks, in brick-and-mortar sportsbooks and on mobile apps, bettors wagered $1,025,738,190 in November. That was a 13.6% increase from the $902,902,897 handle Ohio operators reported in October.

The only other month the handle exceeded $1 billion came in January 2023 ($1,090,347,193), which was the first month Ohio sports betting apps and sportsbooks were available.

Ohio’s 16 mobile sports betting apps combined to take $1,003,442,126 in wagers last month, up 13.8% from the $881,729,955 reported in October. The 14 brick-and-mortar sportsbooks across the state accepted $20,884,711 in wagers, 5.9% better than the handle of $19,716,262 in October.

November was a far better month than October for operators. Online and retail licensees reported revenues of $116,868,621 in the 11th month of the year. That was 44% better than the $81,139,523 that the Ohio Casino Control Commission reported in October. Online operators accounted for $114,203,489 of November’s revenue, a 42.5% increase from the $80,134,920 they won during October.

Bettors used $32,263,118 in mobile gaming credits during November. By comparison, they took advantage of $319,511,070 in credits in January 2023.

Ohio has taxed operators at 20% of their revenue since July 2023. November’s total taxes of $23,408,925 is the most the state has claimed, topping the $22,658,577 Ohio received in January 2024. November’s tax receipts also went up 43.7% from the $16,295,795 the state received in October.

The top online operators by handle in November were FanDuel ($351,149,147), DraftKings ($329,862,262), bet365 ($76,634,065), BetMGM ($72,290,339) and Fanatics ($54,633,693).

Ohio Mobile Sports Betting History