Ohio sports betting revenue figures took a big jump year over year. Figures released Wednesday by the Casino Control Commission saw $529 million in wagers, which was up 46% over last June’s $362 million.
Online continues to be king in the state, with 97.4% wagered electronically with only 2.5% wagered at the state’s brick-and-mortar sports books. Of the online outlets, FanDuel and DraftKings accounted for 66% of the bets wagered. On the brick-and-mortar side, MGM Northfield Park led the way.
In all, there was $51.2 million in taxable revenue after all bets were paid. The figures are the first released since the Report of the Study Commission on the Future of Gaming in Ohio, where the state’s doubling of the tax on those winnings from 10 to 20% was one of the things addressed, with some lawmakers calling the tax hike premature as the industry was just starting.