Sportsbooks in Ohio reached $10 billion in overall wagers quicker than any other market, reaching that lifetime deal with milestone in April simply 16 months after the legal market released.
Despite the summer season months being a lull for sports wagering numbers, the Ohio Casino Control Commission (OCCC) still reported a $529.8 million manage in June.
Out of the states that have reported June figures, Ohio ranks only behind New york city and New Jersey, while Massachusetts completed the Top 4 in terms of monthly manage, making these four states the only markets to eclipse half a billion in total betting activity.
Governor Mike DeWine adjusted the sports wagering tax rate to 20% in 2015, and that helped state coffers gather almost $10.3 million in taxes in June.
On the best track
Ohio sports wagering operators created $51.3 million in adjusted gross income on a statewide hold of just under 9.7%. Although it's the most affordable income mark in 2024, it still marks a 56.8% boost year-over-year. Revenue has remarkably gone beyond $50 million in 15 out of the 18 months of sports betting in Ohio.
June's deal with likewise presented a 46.1% year-over-year increase while snapping a nine-month streak of $600+ million manage performances in Ohio. Revenue decreased 24% month-over-month and handle dropped 13.4% from May, but June's YoY development metrics outpaced May's YoY enhancements.
Best Ohio sportsbooks in June
Online sportsbooks in Ohio represented 97% of all wagers in June for a $516.1 million combined handle. Online operators snatched $50.5 million in profits from that action, great for a 9.78% hold.
Retail collected $13.7 million in wagers but only handled a 5.75% hold, producing simply $787,894 in revenue. FanDuel topped $20 million in revenue for the tenth consecutive month, while DraftKings sat atop the leaderboard for month-to-month handle for the third straight month.
Operator
June Handle
Revenue
DraftKings
$181.2 million
$15.3 million
FanDuel
$159.4 million
$22.7 million
$51.97 million
$4.58 million
$34.4 million
$2.48 million
Caesars
$27.7 million
$717,000
ESPN BET
$19.93 million
$1.75 million
Fanatics
$17.8 million
$1.38 million
BetJack
$3.319 million
$259,374
Tipico
$3.315 million
$355,625
Rush Street Interactive
$3.23 million
$142,470
Prime Sports
$1.56 million
$66,804
Bally's
$1.45 million
$63,539
Changes to Ohio sportsbooks
2024 has actually been a momentous year for Ohio sports wagering. There were 19 active online sportsbooks in June, and six of those didn't even cross $1 million in manage.