Ohio House Approves Bill Legalizing Sports Wagering

House lawmakers on Thursday passed a bill to legalize sports wagering in Ohio, a move that could generate millions in tax revenue for the state.

House Bill 194 levies a 10 percent tax on gross gaming revenue with proceeds to  benefit education in the Buckeye State. The measure could bring in $17.7 million in additional revenue for the state during the 2022 fiscal year and $23 million during the 2023 fiscal year, according to the Legislative Service Commission (LSC).

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