Sports gambling in Ohio surpasses $4 billion of bets in 2023
CLEVELAND, Ohio — Ohioans have now placed more than $4 billion worth of bets on sports gambling in 2023, though July was the slowest month for sports betting so far this year.
Combined Ohioans bet just under $332 million in July, down from $363 million in June, according to compiled data from the Ohio Casino Control and Ohio Lottery commissions. The casino commission released its July revenue numbers last week. Separately, the lottery commission released its report covering gaming kiosks in mid-August.
After payout out winnings and voided wagers, the companies took in a combined $37.2 million in revenue in July, up from $32.6 million in June, despite the drop in betting activity.
Combined, companies after paying winnings have made $577 million in revenue, with $564 million being made by betting apps. This has generated $61.4 million of tax revenue for Ohio.
Sports gambling in Ohio surpasses $4 billion of bets in 2023 was first seen on Sports Betting Operator