Ohio sports betting continues to show impressive growth, with the state’s sports betting apps and retail providers surpassing $10 billion in wagers since legalization. The Ohio Casino Control Commission’s April revenue report revealed that Ohio became the fastest state to reach this milestone, outpacing Arizona’s 20-month record. FanDuel remained the top performer in the market, followed by bet365, which made a surprising appearance in the top three.
In April, Ohio’s sports betting apps and retail providers recorded a handle of $674.2 million, with a majority of wagers coming from mobile apps. Despite a year-over-year increase of 29%, there was a month-over-month decrease due to the end of the NCAA Basketball tournament. The state’s sportsbooks reported $74.1 million in adjusted gross revenue in April, with most of the revenue coming from mobile apps.
FanDuel continued to dominate the market, leading in handle, revenues, and hold rate. DraftKings, bet365, BetMGM, and ESPN BET also made significant contributions to the state’s sports betting industry. Tax contributions from Ohio sportsbooks totaled $14.8 million in April, with a year-to-date total of $63.9 million, an improvement from the previous year.
Overall, Ohio’s sports betting market remains strong, with double-digit holds reported in 13 out of 16 months of operation. The state continues to see growth and success in the industry, providing entertainment for residents and contributing to state and local tax revenues.
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