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Ohio’s sports betting revenue down $114 million since January

Wednesday, May 3, 2023 3:37 PM
Photo: By Erik Drost - http...3237178498/, CC BY 2.0, https://commons.wikimedia.org/w/index.php?curid=76626200
  • Neil Fischer, WKYC

Four months after sports betting became legal in Ohio, the numbers seem to have leveled out.

A report from the Ohio Casino Control Commission shows revenue down $114 million since January.

“It came out of the gates really aggressively,” explained JACK Entertainment senior vice president of sports and digital gaming Adam Suliman.

Everpass

In January, Ohio brought in $209,302,866 from sports gambling.

Suliman told 3News that promotional and advertisement spending has been reduced since January from sports betting operators. For example, in January, JACK Entertainment spent $1.2 million on promotions, as opposed to $230,000 in March.

To attract customers to their sportsbook, JACK Entertainment has held larger viewing events during main sporting events.