Ohio Sports Betting Bill Introduced

An Ohio sports betting bill has been introduced by lawmakers in the state. The bill could lead to legalize the activity for the state’s 11 casinos and racinos, as well as permit online gambling.

Venues that want to offer sports betting services would need to pay a license fee of $100,000, and licensees would be able to enter partnerships with operators in order to offer sports wagering.

Casinos and racinos that secure a license would be subject to a tax rate of 6.25% on gross sports betting revenue. However, the bill omits any language relating to a so-called ‘integrity fee’ for professional sports leagues.

Ohio had been one of the only northwest states not to consider regulating the industry. You can find more on Ohio sports betting bill at iGaming Business.