Survey: 66 Percent of Ohioans Say They Won’t Bet on Sports

Legal sports betting is still more than six months away, but more than two-thirds of Ohio adults say they don’t plan to place any wagers when it becomes legal, according to a new survey.

Legal sports wagers can be placed Jan. 1, but the survey by BetOhio.com shows 21% of Ohio adults are very or somewhat likely to bet. The survey also showed potential preferred brands for those who expect to wager.

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Missing NFL Bets Could Be Costly for Ohio Sports Gaming

Ohio could lose as much as $130 million a week if it continues to hold to a Jan. 1 launch date for legalized sports betting and miss the majority of the NFL season, an industry-leading group said.

PlayOhio, part of the PlayUSA Network, estimates the state’s handle could reach between $8-10 billion over the first 12 months and almost $1 billion in gross gaming revenue. It also estimates, partly because of the state’s two NFL teams, gambling operations could bring in as much as $130 million per week in NFL-specific betting volume.

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Tennessee Collects $3.3M in Taxes on $340M in Sports Bets in December

Tennessee collected $3.3 million in taxes from the $340 million in bets placed at Tennessee’s sportsbooks in December, according to Tennessee data acquired by PlayTenn.

December was the third-highest month for amount of bets placed since betting began in November 2020. In October, $375.3 million was wagered and $365.7 million was wagered in November.

More than $2.7 billion in bets were placed in Tennessee in 2021 with $39.3 million in taxes paid on $239.9 million in gross revenue.

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Sports Betting Officially Becomes Legal in Ohio

Sports Book Betting

Gov. Mike DeWine officially made sports betting legal in Ohio with his signature, but it will likely be more than a year before the first legal bet can be placed in the Buckeye State.

DeWine signed House Bill 29 into law late Wednesday, creating online, retail and kiosk legal sports gaming throughout the state, but officials believe it could be January 2023 before legal betting begins.

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Minnesota Lawmakers to Push for Legalized Sports Betting Next Session

Surrounded by states that have legalized sports betting, some Minnesota lawmakers will push to create additional tax revenue and entertainment next session.

Rep. Zack Stephenson, DFL-Coon Rapids, held a press conference to announce his plan to pursue legalized sports betting.

“Minnesotans deserve the chance to engage in safe and legal sports betting right here in Minnesota,” Stephenson said. “That is why I am announcing I will lead an effort to legalize sports betting during the next regular session of the Legislature.”

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Tennessee’s Sports Wagering Advisory Council Votes on New Executive Director

On Thursday, Tennessee’s Sports Wagering Advisory Council (SWAC) met to interview three final candidates for its vacant executive director position. After a thorough final interview process, the council chose to extend an offer to candidate Mary Beth Thomas. All nine council members voted in Thomas’ favor.

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DraftKings and FanDuel Back Amendment to Allow Sports Betting in Florida

Two of the largest companies in the daily fantasy sports industry, DraftKings and FanDuel, are backing a political committee’s efforts to legalize sports betting. The political committee, Florida Education Champions, is proposing an amendment that will allow sports betting at professional sports venues, pari-mutual facilities and through online platforms. The amendment would also raise money for education.

The amendment, as detailed on the Division of Elections website, states that if betting revenues are taxed, the monies would be required to go to the state Educational Enhancement Trust Fund.

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Ohio Senate Approves Legalized Sports Betting

Cleveland Browns football defense

Sports bettors in Ohio are a step closer to being able to stay in state to place a wager after the Ohio Senate passed a bill legalizing sports betting and e-bingo.

If passed by the House and signed by Gov. Mike DeWine, Senate Bill 176 brings Ohio in line with neighboring Indiana, Michigan, West Virginia and Pennsylvania by allowing sports bets through retail or online sportsbooks.

The legislation passed Wednesday with a 30-2 vote.

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Special Legislative Session Slated to Iron Out Florida Gaming Compact with the Seminole Tribe

The Florida Legislature will be holding a special session to discuss the gaming compact with the Seminole Tribe of Florida on May 17. However, the tribe is not the only one with interests on the line. Multiple national and international casino gambling corporations, smaller casinos, internet gambling, thoroughbred racing, fantasy sports betting, and greyhound dog race betting are among those with interest in the outcomes of the compact.

As Florida becomes a more popular spot for gambling and betting, the state, the tribes, and invested industries are hoping previous years of tension will end in a new 30-year compact benefitting each party.

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DeSantis Cuts Deal with Seminole Tribe to Bring Sports Betting to Florida

Sports Book Betting

Gov. Ron DeSantis (R) is expected to reach an agreement with the Seminole Tribe to bring sports betting to the Sunshine State, as well as expanding current gambling rules.

“The broad parameters of the deal — as confirmed by multiple sources — are that the Seminole Tribe would control sports betting in the state and would offer it at their casinos, including the Hard Rock locations in Hollywood and Tampa,” according to POLITICO. “But sports betting would also be allowed at existing tracks and other poker rooms around the state where the tribe and other gambling operators would split the revenue generated.”

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Michigan Internet Gaming Reaps $42.7 Million in Gross Receipts in First 10 Days

Sports Book Betting

Michigan internet gaming and sports betting operators reported $42.7 million in gross receipts for the 10 days after its initial launch.

Michigan’s online sportsbooks generated $115.2 million in wagers in the 10 days in January, according to the Michigan Gaming Control Board (MGCB).

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Online Gaming, Sports Betting Is Now Live in Michigan

For years, Michiganders have gambled online illegally. But when sports betting and online gambling are legalized for the first time on Friday, the state will reap its tax revenue. 

“The Michigan Gaming Control Board (MGCB) and the state’s commercial and tribal casinos will begin a new era Jan. 22 with the launch of regulated online gaming and sports betting,” Richard Kalm, MGCB executive director, said in a statement.

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Mobile Sports Betting Is Coming to Virginia in 2021

Mobile sports betting will be launching in Virginia by January 2021 at the earliest. 

Since legislation was passed by the Virginia General Assembly and became effective July 1st, the Virginia lottery, who has been tasked with regulation and oversight, has been working to turn mobile sports betting for Virginians into a reality.

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Gov. Lee Plans to Allow Online Sports Gambling Bill to Become Law Without Signing It

  Tennessee Gov. Bill Lee plans to let an online sports gambling bill become law without signing it, multiple news outlets are reporting. The Tennessee Journal: On the Hill reported: “The governor has said he does not believe that the expansion is best, but he recognizes that many in the…

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Tennessee House Approves Authorization and Regulation of On-Line Sports Betting 58-37-2

Sports Book Betting

  NASHVILLE, Tennessee – A bill to authorize and regulate on-line sports betting in Tennessee  was approved by the Tennessee General Assembly on  Wednesday with a vote of 58 Ayes, 37 Noes and 2 Present and Not Voting. HB0001, filed on November 7, 2018, was sponsored by Knoxville Democrat Rick…

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