NFL’s Hall of Fame Secures Conditional Approval for Mobile and Retail Sports Betting
Hall of Fame Will Also Offer the Area’s First Dedicated Sports Microbetting Platform
Legally, Sports Betting Must Launch in Ohio by January 1, 2023
In less than two months, Ohio sports gamblers will have access to legal sports betting as the Buckeye State begins its foray into that growing U.S. market, and now that includes the NFL’s Hall of Fame in Canton where that entity just secured conditional approval for licenses.
The company is called the Hall of Fame Resort & Entertainment Co (HOFV) and as we recently reported they had joined multiple applicants in seeking a license to operate a retail and mobile sportsbook and have since announced 10-year partnerships with Rush Street Interactive.
Michael Crawford, HOFV president and chief executive officer, just told the media:
“The legalization of sports betting in Ohio opens up a breadth of opportunity across our company’s three business verticals and for our fans.”
That means that pro football fans will soon be able to place bets while visiting the Hall of Fame’s multiple venues including the exhibition museum where the enshrined players’ busts are displayed, the Tom Benson Hall of Fame stadium, and the nearby HOF Village.
One of the exciting new trends in legal sports betting is called microbetting which consists of wagers on minor portions of the game, like bets on a particular field goal attempt or a final drive, and according to HOFV CEO Crawford, his company will provide access to them, saying:
“We will have the only physical sportsbook in Stark County and the first dedicated sports microbetting platform via the Betr mobile app, bringing fans and guests a multitude of different and new ways to experience sports entertainment.”
It’s a smart move given how successful the U.S. legal sports betting market has become ever since the Supreme Court overturned PASPA in May 2018 allowing states to legalize, regulate, and tax their own market, with over thirty states already doing exactly that.
Ohio might be a bit late to the party, but it won’t be much longer before residents get to skip using the unregulated offshore sportsbooks and illegal local bookies they have been forced to utilize and begin placing bets at the Hall of Fame, casinos, kiosks, and mobile apps.
For anyone worried that Ohio might not launch in time, don’t be, since that would technically be breaking the law.
A legally enforced deadline for launching is literally written into Ohio’s sports betting legislation – HB29 –that says if the market does not launch by January 1, 2023, heavy fines will be applied so there has been a big push to make sure that market will be up and running by the new year.
The state’s sports teams, racinos, and casinos, and now the NFL’s Hall of Fame will offer retail and mobile options for placing wagers giving residents an easy way to add excitement to the already thrilling sports matchups they enjoy.
Ohio will join its neighbors in this new venture since Michigan, Indiana, West Virginia, and Pennsylvania have already launched their separate sports betting markets, all part of this multi-billion dollar industry that has only just begun to grow.
We support responsible gambling. Gambling can be addictive, please play responsibly. If you need help, call 1-800-Gambler.
WSN.com is managed by Gentoo Media. Unless declared otherwise, all of the visible content on this site, such as texts and images, including the brand name and logo, belongs to Innovation Labs Limited (a Gentoo Media company) - Company Registration Number C44130, VAT ID: MT18874732, @GIG Beach Triq id-Dragunara, St. Julians, STJ3148, Malta.
Advertising Disclosure: WSN.com contains links to partner websites. When a visitor to our website clicks on one of these links and makes a purchase at a partner site, World Sports Network is paid a commission.
Copyright © 2024