Ohio Sports Betting Bill Introduced to Support Wagering in Casinos, Racinos and Their Mobile Apps

Written by: Ioana Romanasu
Updated October 14, 2022
3 min read

The long-awaited sports betting bill finally made its appearance in Ohio on Thursday, March 14. Ohio was one of the last large market potential states without active legislation on file on legal sports wagering.

The SB111 bill is sponsored by State Senator John Eklund and democratic State Senator Sean O’Brien. Senator Eklund says that he would rather take his time and get the legislation right than rush.

According to an earlier study made by Oxford Economics, Ohio has the potential to make more than $9 billion in annual sports betting handle.

What will the SB111 legislation cover?

  • In order to place a bet, one must be 21 of age.
  • If you are an employee in the legal sports wagering business you cannot place a bet.
  • The host server of a betting website must be situated in a legal and secure US facility and owned and operated by the sports wagering operator or its management.
  • Sports betting operators are allowed to have mobile apps to go along with their wagering sites but are not eligible for an application if they only have an online platform.

Both casinos and racinos will be allowed to offer sports wagering. There is a total of 11 in the state of Ohio. Licensees must pay an application fee of $100,000 and they are allowed to partner with operators for retail and online wagering. Signing up remotely is also allowed.

What about mobile sports betting in Ohio?

All of the state’s neighbors have already legalized mobile betting or are at least in the process of doing so. Only in February, for example, in New Jersey, mobile bets accounted for 80% of all the wagers and for $320 million in bets.

Eklund was at first skeptical about mobile wagering but as soon as he got more information, he changed his mind.

His comment for US Bets:

“When I first contemplated the idea, I thought it was kooky, frankly, because I was ignorant, but I am learning more and more that there are many vendors out there who profess to have the means by which to maintain the security in that space, to maintain integrity. So I guess I am to the point where now I would say, yeah, I see where that would be something worth considering.”

Ohio Senate President Larry Obhof has power over legislative bills and in his opinion, the SB111 bill doesn’t have the power to regulate sports betting. He believes that this matter should be decided by voters in a constitutional amendment.

Image for Ioana Romanasu

Ioana Romanasu

Content Team Lead
Ioana has been working in the US iGaming industry since 2018, when she joined Gaming Innovation Group as a Content Executive for World Sports Network. Ioana is now Content Team Lead for WSN and manages the day-to-day operations across the site. From coordinating content with the vast writing team, to ensuring all operator details on the site are up-to-date and accurate, Ioana is vital cog in the WSN machine.
Education: N/A
We've been featured on:
espn logo
reuters logo
cbs-news logo
forbes logo
entrepreneur logo
entrepreneur logo
We only list licensed sportsbooks

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