Ohio sports betting produced over $1.1 billion in wagers during its first month of operation in January 2023.
The Ohio Casino Control Commission (OCCC) revealed the final figures Tuesday. In addition to the massive handle, sportsbooks combined to earn $208.9 million in revenue. The 16 online operators produced $205 million of that total, compared to $3.2 million in revenue at 14 local sportsbooks.
Sports betting revenues are taxed at a rate of 10%, meaning sports betting’s resounding early success created $20.9 million in public funding.