The latest Ohio budget contains a big jump in the tax rate for operators of sports betting sites and explicit legal power to ban abusive gamblers from playing.
Ohio Gov. Mike DeWine’s office announced Wednesday he signed the state’s 2024-2025 operating budget bill into law, including a few items about legal sports betting.
“House Bill 33 supports the priorities of the DeWine-Husted Administration by taking advantage of Ohio’s Time in history to make strategic investments in our thriving economy, communities, and families in a manner that positions Ohio for continued success in the future,” a press release noted.
Notably, the legislation increases the tax on Ohio sports betting operators to 20% of their revenue generated in the state, up from the current 10%.
