Governor Mike DeWine has proposed doubling Ohio’s sports betting tax from 20% to 40% as part of his 2026-2027 executive budget. The increase would be paid by sports betting companies, not bettors. DeWine stated that the additional revenue would support sporting facilities, youth sports, and education programs without affecting current programs funded by the existing tax. The proposal is currently awaiting review and possible amendments by the Ohio House and Senate.
However, Sports Betting Alliance President Scott Ward expressed concerns that the higher tax rate would lead to reduced customer benefits, discourage investment in sportsbook community partnerships, and limit funding for responsible gaming initiatives. If the tax is raised to 40%, Ohio would become the second-most expensive market for wagering operators, behind only New York’s 51% tax.
This would not be the first time DeWine has increased the sports betting tax. In 2023, he doubled it from 10% to 20%. Proponents argue that the tax hike is necessary to ensure that sports betting companies contribute their fair share to the state’s economy. The governor believes that the proposal will secure funding for professional sports in Ohio without diverting general fund dollars from education or other essential services. The decision on whether to implement the tax increase will ultimately rest with the General Assembly and Governor DeWine.
Note: The image is for illustrative purposes only and is not the original image associated with the presented article. Due to copyright reasons, we are unable to use the original images. However, you can still enjoy the accurate and up-to-date content and information provided.
