Ohioans are already making plans to place their bets on sporting events, even though legal sports betting will not begin in the state until January, according to a new survey.
The process for legal betting began June 15 with the state’s first application window. Betting can begin Jan. 1, and 46% of current state sports bettors said they plan to bet weekly, according to the survey of more than 600 current bettors completed by PlayOhio.
In Virginia’s first full month of legal gambling, the commonwealth’s sportsbooks took in about $265.8 million in wagers, which is the second largest sum for any state in its first full month.
Legalized gambling began in mid-January, taking in $58.9 million that month. In the 28 days of February, the state more than quadrupled that number. The per-day amount of money spent on wagers nearly doubled from $5.4 million in January to $9.5 million in February. The per-day jump is the largest any state has seen in one month.
“The enthusiasm from bettors will eventually settle down, and sportsbooks will pull back a bit from this heavy promotional period,” Jessica Welman, an analyst for PlayVirignia, said in a statement. PlayVirginia is an organization that provides analysis on the gaming industry in the commonwealth.