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Ohio Sports Betting to Launch By 2023
Last updated on March 26th, 2022 at 12:00 am
The Ohio sports betting market is waiting for the regulatory framework before the January 2023 deadline. Thus, you’ll likely see sports betting solutions in the state by 2023.
On the other hand, daily fantasy sports have been legal in Ohio since 2018. Thus, you can choose to use DFS apps in the state while waiting for a legal live betting platform to come to Buckeye State.
According to 9DollarPerHead.com sources, Governor DeWine signed the sports betting bills in December 2021. Thus, legal sports wagering in Ohio is coming soon. Stakeholders are waiting for the state to develop a regulatory framework for the new market. Some experts believe that sports betting is worth around $1 billion yearly.
Update on Ohio Sports Betting
When Ohio finalizes its sports betting regulations, it will join most neighboring states in allowing sports wagering. States sharing a border with Ohio with legal sportsbooks include Michigan, Pennsylvania, West Virginia, and Indiana.
On paper, sports betting is already legal in Ohio. However, there are currently no online or retail sportsbooks operating in the state. The full launch of the sports betting market will be on or before January 1, 2023.
At present, lawmakers haven’t given an updated timeline after the introduction of the January 1, 2023 deadline. As a result, players in the state had to cross borders to wager on March Madness games.
People hope that sports wagering in Ohio will launch in time for the next football season. It could be a reality because there’s plenty of time between accepting sportsbook license applications in April and the start of the next NFL season.
The good news is that Ohio sports betting laws don’t prohibit betting on college sports. That means players can wager on the Ohio State Buckeyes once sports wagering becomes legal in the state.
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