Sports gaming is finally coming to Ohio. The legislature passed House Bill 29 which authorizes sports gaming in Ohio no later than January 1, 2023. The new version of the bill that came out of months’ of negotiation within the conference committee provides numerous opportunities for entities wishing to enter ... Read More
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16
Jun2021
Last week, a substitute Senate Bill 176 was introduced, which made a litany of changes to Ohio’s proposed sports betting industry. And today, a few days after those changes were introduced, an omnibus amendment was passed to make even more changes to the bill, which was referred out of the ... Read More
June 16, 2021ogadmin
17
May2021
Less than a week after Senate Bill 176 (“SB 176”) was introduced, significant changes have been made and will be introduced via a substitute bill soon. At the first hearing of the Senate Select Committee on Gaming since SB 176 was introduced, sponsors Manning and Antani announced a substitute bill ... Read More
May 17, 2021ogadmin
07
May2021
Ohio’s newest omnibus gaming bill was introduced on Thursday, May 6. Senate Bill 176 (“SB 176”) covers a range of topics, including the authorization of sports betting, the creation of a sports betting pool within the lottery, online sports gaming, authorization of electronic instant bingo, and also established a committee ... Read More
May 7, 2021ogadmin
25
Feb2020
The last week of January brought news of a unique deal between casino operator Penn National Gaming, owner of two casinos and two racinos in Ohio, and Barstool Sports.
Penn National will make an initial investment of $163 million for a 36% interest in the Barstool Sports media company. The initial ... Read More
February 25, 2020ogadmin
21
Feb2020
Last year, two competing bills were introduced that would authorize and regulate sports betting in Ohio. House Bill 194 was introduced by Representatives Dave Greenspan and Brigid Kelly. Senate Bill 111 was introduced by Senators John Eklund and Sean O’Brien. The House bill received eight hearings in 2019 while the ... Read More
February 21, 2020ogadmin
21
Jun2019
Six states started sports betting in 2018. Revenues fell short of projections in four of the states. Several reasons why. Among them - slower than expected rollout, lack of online betting and even the Super Bowl.
Rhode Island projected monthly revenues of $1 million. The reality – about $50,000 a month. ... Read More
June 21, 2019ogadmin
19
Jun2019
While Ohio mulls over legalizing sports betting, virtually every surrounding state either has a law on the books or proposed legislation on the fast track.
Pennsylvania and West Virginia have already legalized sports betting.
In Kentucky, a House panel has passed a bill that would allow sports betting at approved locations such ... Read More
June 19, 2019ogadmin
17
Jun2019
The Ohio House and Senate have each introduced their own version of how sports betting should be regulated in the state. The Senate came first, introducing Senate Bill 111 in March. The House followed by introducing House Bill 194 in early April. There are differences between the two bills. Among ... Read More
June 17, 2019ogadmin
08
Apr2019
In July 2018, Federal law enforcement and the Ohio Casino Control Commission executed a number of search warrants in Stark County. Sixteen individuals and eight businesses were accused of illegal gambling.
Now it appears the Feds are looking to cash in on those raids. The U.S. Attorney for the Northern District ... Read More
April 8, 2019ogadmin