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.
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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.
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