Tag: sports betting

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 ... Read More

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 ... Read More

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

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

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

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

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

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

12

Feb2019
The Ohio Casino Control Commission has released a first draft of proposed rules for fantasy sports contests. Former Governor John Kasich signed into law HB132, a bill that clarifies the legality of such contests and grants the OCCC authority over the industry. The bill also ordered the OCCC to adopt ... Read More

13

Sep2018
Ohio Senate President Larry Obhof doesn’t believe that sports betting will become legal in Ohio in 2018. He has indicated that SB 316 and HB 714, placeholder bills for legalized sports gambling, will not go to committee until after the November elections. Obhof is also not so sure the legislature ... Read More