Ohio has officially launched sports betting under regulatory oversight, making it the latest state to join the growing list of states that have legalized sports betting. The Ohio Casino Control Commission (OCCC) has been working tirelessly to ensure that the launch of sports betting in the state is successful and meets all regulatory requirements.

The launch of sports betting in Ohio comes after Governor Mike DeWine signed a bill into law in July 2021, legalizing sports betting in the state. The bill allows for both online and retail sports betting, with the OCCC serving as the regulatory body overseeing the industry.

Under the new law, Ohio residents and visitors can place bets on a variety of sports, including professional and college football, basketball, baseball, hockey, and more. The state has also allowed for in-game betting, which allows bettors to place bets on specific events during a game, such as the outcome of a particular play or quarter.

To ensure that the launch of sports betting in Ohio is successful, the OCCC has put in place strict regulations and guidelines for operators. All operators must be licensed by the OCCC and meet certain requirements, such as having a physical presence in the state and having a proven track record of operating in other states.

The OCCC has also implemented measures to protect consumers and prevent problem gambling. All operators must have responsible gambling measures in place, such as self-exclusion programs and limits on deposits and bets. The OCCC will also monitor all operators to ensure that they are complying with these measures and taking steps to prevent problem gambling.

The launch of sports betting in Ohio is expected to generate significant revenue for the state. According to a study by Oxford Economics, sports betting could generate up to $400 million in annual revenue for Ohio. This revenue will be used to fund education, infrastructure, and other important initiatives in the state.

Overall, the launch of sports betting in Ohio is a significant milestone for the state and the sports betting industry as a whole. With strict regulations and guidelines in place, Ohio is well-positioned to ensure that sports betting is conducted in a safe and responsible manner, while also generating significant revenue for the state.