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 Zachary Kelley | Jun 1, 2023 7:52 pm | Revenue
The Ohio Casino Control Commission’s monthly revenue report shows that more than $520 billion dollars in sports betting wagers were placed in April. Another month with over half a billion dollars in wagers saw Ohio surpass the $3 billion mark in just four months with...
by Jeremias Di Vico | Apr 28, 2023 2:23 pm | Sports Betting
The LIV Golf Tour has been added as an approved Wager by the Ohio Casino Control Commission. The April 25 decision permits Ohio sportsbooks to now create odds and receive bets for any golfers at the events. The move signals a change in attitude towards LIV golf and...
by Jeremias Di Vico | Mar 23, 2023 8:12 am | Sports Betting
Both Nevada and Ohio have recently approved new additions to their wager categories. Ohio has added specific NFL draft and NHL draft props. Nevada on the other hand has added new events and leagues like the World Series of Poker and Golden Tee. LAS VEGAS – Both the...