Overseeing JACK Entertainment’s entry into legalized sports betting, Adam Suliman knows better than most how it is bringing more traffic into the operator’s Ohio properties and attracting thousands of individuals to gambling by phone or computer for the first time.
He’s cautious, however, about the staying power of those eye-popping numbers from the first month of sports betting that resulted in a total of $1.11 billion in January bets in the state, second only to New York. Mobile and retail operators saw a national record of $208.9 million in monthly revenue from the bets, with the state collecting as tax 10% of that.