Ohio Senate Passes Bill That Will Legalize Sports Betting in Ohio
CINCINNATI — Sports betting could be coming to Ohio.
The Ohio Senate passed a bill that would legalize sports betting throughout the state.
Senate Bill 176 passed with a 30-2 vote. Under the proposal, casinos and other businesses could apply for one of up to 58 licenses that will be distributed throughout the state.
Physical stores would receive 33 of those licenses, while the other 25 would go to online and mobile betting. The Ohio Casino Control Commission would select who gets a license and oversee how they use it.
The number of brick-and-mortar locations would be based on the country they're in.
In 2018, the U.S. Supreme Court allowed states to set up their own rules. Indiana and other neighboring states have done so already. Ohio is hoping to get in on the action.
Revenue from sports gambling would be subject to a 10% tax, which would generate anywhere from $17-$23 million for the state.
If all goes well, Ohioans could be placing bets in April, 2022.
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