by Zachary Kelley | Mar 5, 2024 12:01 pm | Regulatory
Maryland became the most recent state to prohibit college player prop betting. All college player prop markets are off the books as of Friday, Mar. 1 per the request of Maryland Lottery and Gaming Their intent is to protect athletes from harassment and keep wagering...
by Zachary Kelley | Mar 4, 2024 11:41 am | Revenue
Ohio earned $113.1 million from January’s $811.6 million in sports betting handle. The large drop off in handle and revenue from last year can be attributed to promotional betting and the state’s first month with legal sports betting. FanDuel and DraftKings received...
by Zachary Kelley | Feb 23, 2024 4:25 pm | Regulatory
Ohio banned player prop bets across all college sports effective immediately. Ohio Governor Mike DeWine and NCAA President Charlie Baker requested the prohibition. Bovada legally offers college player props for Ohio players thanks to their international licensing....
by Zachary Kelley | Sep 5, 2023 4:43 pm | Revenue
DraftKings surpassed FanDuel in monthly handle for the first time since Ohio sports betting launched in January. July was the lowest monthly-handle in Ohio’s sports betting history. Ohio surpassed the $4 billion mark in seven months despite their worst month in July....
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...