DeWine signs bill legalizing sports gambling in Ohio – News-Herald
People will be able to place wagers on professional sports teams, motor sports, Olympic events, golf and tennis and major college sports such as football and basketball. Ohio joins more than 30 states that have passed legislation since a 2018 U.S. Supreme Court decision striking down a federal ban on states legalizing sports wagering.
DeWine signs measure legalizing sports gambling in Ohio – News-Herald Ohio’s legislation requires that sports betting be available by Jan. 1, 2023. It’s expected to take months for the Ohio Casino Control Commission to formulate rules and regulations on sports wagering before accepting license applications.
The Legislative Service Commission estimates that sports betting will eventually become a $3.35 billion industry in Ohio.
Operators will pay a 10% tax on net revenue to the state to help fund K-12 education and problem gambling programs.
This Sports News Highlights
- Headline: DeWine signs bill legalizing sports gambling in Ohio – News-Herald
- Check all news and articles from the Sports news updates.
Read More: DeWine signs bill legalizing sports gambling in Ohio – News-Herald