2021 Comes To A Close But Ohio Sports Betting Is Finally Getting Some Action

Written By Nicholaus Garcia on December 7, 2021

It’s been a few months since we’ve heard or seen any movement regarding Ohio sports betting. But now, whispers from Columbus are saying a committee is expected to meet this week to discuss wagering in the Buckeye State.

During an interview with WHBC 1480Sen. Kirk Schuring said lawmakers have an agreement on sports betting.

”I expect the conference committee to meet this week and for the conference report to be approved,” Schuring said. “Then it will go to the House and Senate floors this week, and we have everything staged up.”

While no specific details were mentioned, the Senator did say lawmakers are working closely with the legislative service commission to make sure everything is in “the legal form” needed to move forward.

When could Ohio sports betting launch?

Those hoping for Super Bowl betting in 2022 will be disappointed.

Rep. Bill Seitz told the Statehouse News Bureau the plan is to hand out sports betting licenses no later than Jan. 1, 2023. So, realistically, don’t hold your breath for Ohio wagering to start ASAP.

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Looking back on Ohio

A better part of the struggle to get sports betting in Ohio off the ground was the debate over the number of skins (websites) each license holder could have.

At first, Type A licensees could launch two skins, while sports teams were only permitted one skin. Flash-forward, now each license holder will be given one skin, but they can apply for a second skin through the Ohio Casino Control Commission.

The first skin will cost $3 million for a five-year license. Any second skin granted will cost an additional $10 million.

After a signature from Gov. Mike DeWine, it would take 90 days for the bill to pass into law, that is, should everything progress smoothly. After that, the OCCC will have to establish rules and regulations to govern sports betting.

Ohio has a steep hill to climb as it is surrounded by states embedded in the sports betting market. Indiana, Michigan, Pennsylvania, and West Virginia have all seen consistent returns when it comes to sports wagering.

Photo by Sean Pavone / Shutterstock
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Nicholaus Garcia

Nick has had stints in Chicago and Washington, D.C., writing about politics, financial markets, and sports betting. He graduated from Texas Tech University and completed his master's degree in journalism at Columbia College Chicago.

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