COLUMBUS, Ohio – The Ohio Casino Control Commission levied a $5 million fine on Kalshi for offering unlicensed sports betting in the state. However, with the recent production of Kalshi, this punishment will not be enough to scare them off. During March Madness betting, Kalshi … Read more
Ohio governor Mike DeWine regrets signing the law that brought legal sports betting to Ohio. DeWine has been vocal against prop betting at both the collegiate and professional level, but now opposes the entirety of sports betting. Ohio witnessed betting scandals with Cleveland Guardian pitchers, … Read more
DraftKings’ Railbird acquisition raises license concerns in Ohio and Michigan where regulators warn against prediction market participation. Multiple state gaming commissions have threatened that offering sports event contracts could jeopardize existing sportsbook licenses. DraftKings may limit sports predictions to non-betting states like California and Texas … Read more
Ohio Governor Mike DeWine complied with the NCAA’s request to prohibit local sportsbooks from offering college prop bets in 2024. However, internationally-licensed and regulated sportsbooks can legally offer college football props in Ohio since they fall under the purview of international regulations. The best player … Read more
Hawaii House Bill 1308 will undergo a public hearing, but many state agencies have submitted testimony in opposition to the Hawaii sports betting measure. Mississippi went back and forth about adding online sports betting to their laws but their measure SB 2510 died in a … Read more
DraftKings faced a fine in Ohio and questions in Massachusetts for unregulated sports betting actions. Countries outside the US are cracking down on illegal sportsbooks as they attempt to launch their own industries. CLEVELAND – This week’s legal sports betting brief highlights the growing pains … Read more
The Ohio Casino Control Commission approved new sports betting markets for the upcoming NFL Draft and next year’s WNBA Draft. Ohio looks to compete with the massive sports betting markets offered at internationally-licensed sportsbooks like Bovada. First round coverage of the 2024 NFL Draft begins … Read more
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 … Read more
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 roughly 68% of … Read more
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. COLUMBUS, Ohio – The Ohio Casino Control Commission’s … Read more
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. CINCINNATI – Ohio’s … Read more
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 … Read more
