Sports betting became legal in Ohio on December 22, 2021, when Governor Mike DeWine signed House Bill 29 into law. The bill allows both online and retail sports betting in the state, with operations beginning January 1, 2023.

Key Details:

• Legal betting age: 21+
• Tax rate: 10% (98% funds education, 2% problem gambling programs)
• Market size: Expected $1.1B in 2023, growing to $3B+ by 2024

License Types:

• Type A: For casinos and sports teams ($2.5M)
• Type B: 40 retail betting locations ($90K-140K)
• Type C: 20 self-service terminals for bars/restaurants ($1K)

Important Features:

• Allows betting on college sports, pro sports, and esports
• Maximum weekly bet at lottery kiosks: $700
• Kiosks offer money lines, spreads, totals, and 4-pick parlays
• Up to 25 mobile betting licenses initially
• License duration: 5 years

Current Legal Options:

• Free-to-play sports betting
• Betting in neighboring states (Michigan, Indiana, Pennsylvania, West Virginia)

The legislation marks Ohio as the 33rd state to legalize sports betting and the fourth-largest betting market in the US behind New York, Pennsylvania, and Illinois.

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