by Zachary Kelley | Jul 5, 2023 4:52 pm | Legal
A newly approved Ohio state budget includes a sports betting tax rate increase to 20%. Ohio Governor Mike DeWine signed the approved budget on July 3. The tax rate increase went into effect on July 1, 2023. COLUMBUS, Ohio – A sports betting tax rate increase included...
by Zachary Kelley | Jun 21, 2023 7:12 pm | Legal
The Ohio House of Representatives did not concur with the Senate-approved tax rate amendment. A legal sports betting tax rate increase from 10% to 20% was approved in the Ohio Senate on Thursday. The Ohio Casino Control Commission recorded over $45 million in tax...
by Jerad Paparella | Dec 22, 2021 5:44 pm | Legal
Ohio will now offer a legalized and regulated sports betting industry after Governor Mike DeWine signed HB 29 into law earlier today. The bill calls for at least 25 mobile sportsbook licenses and 40 brick-and-mortar sportsbooks licenses to be issued as soon as April...
by Christina Monroe | Jun 16, 2021 5:33 pm | Regulatory
Senate Bill 176 that would regulate sports betting in Ohio has passed in the Senate and will now move to the House. This sports wagering proposal will open both retail and mobile sportsbooks in the Buckeye State. The Ohio Legislature has until December 31 to decide on...
by Christina Monroe | May 6, 2021 12:51 pm | Regulatory
Ohio has finally gotten a glimpse of its first sports betting proposal for 2021. The legislation on the table would regulate mobile and retail sportsbooks in the Buckeye State. Should the measure be passed before the end of the year, it would officially go into effect...