May 2023 saw a significant increase in online sports betting activity in Ohio, with $595 million being wagered compared to $430 million in May 2022. This 38% increase highlights the growing popularity of sports betting in the state.
Since the legalization of sports betting in Ohio in January 2023, a total of $1 billion has been wagered online. This shows that the industry is thriving and attracting a large number of bettors.
During the peak of football season last November, a total of $841 million was wagered, indicating that sports betting remains popular among Ohioans throughout the year.
The increase in online sports betting activity in Ohio is not only good news for sports fans and bettors but also for the state’s economy. With more money being wagered each month, there is the potential for increased revenue for both the sports betting industry and the state through taxes.
Overall, the latest numbers released by Bet Ohio show a positive trend in the online sports betting market in Ohio, with May 2023 seeing a significant increase in wagered amounts compared to the previous year. This bodes well for the future of sports betting in the state and the potential for continued growth in the market.
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