When Ohio lawmakers crafted HB 29, the priority was to create a bill that would gain enough support from lawmakers and end up receiving Gov. Mike DeWine’s signature to legalize sports betting. Once DeWine signed HB 29 on Dec. 22, it was mission accomplished.

The bill that reached DeWine’s desk included language that raised a concern for some stakeholders, however, in that it stated that sportsbooks would be expected to pay taxes on a daily basis.

While casinos are normally required to pay taxes daily, that’s not considered the norm for sportsbooks, whose revenue is more unpredictable and which generate far less business than casinos.