Ohio Sports Betting Bill Sees Key Changes In Quick Committee Meeting

Spread the Word:

The Ohio Senate Select Committee met briefly Wednesday afternoon to announce key changes to the proposed sports betting bill – SB 176.

The committee, which met for the 14th time in a hearing that did not last more than six minutes, saw its chairman laying out the bullet points of the substitute bill.

SB 176 was introduced on May 12.

Committee Chairman and State Senator Kirk Schuring had laid out three weeks ago a 252-page plan, calling it a “powerful bill that no one has seen before.”

The state lawmakers plan to send the Ohio sports betting bill to the governor’s desk by the end of June.

The Ohio legislature will remain in session until Dec. 31.

Key Changes into the Bill

Under the key changes introduced Wednesday, operators will pay $500,000 for both Type A and Type B licenses in the second and third years of operation. The initial fee to procure a license in Ohio is $1 million. The initial draft of the bill would have made operators pay $1 million annually for the first three years.

Another significant change included the prohibition on wagering on events where athletes under the age of 18 are competing.

Horse racing is available on mobile sportsbooks as well as retail sports betting locations.

Any sportsbook licensee can apply for one mobile skin in the first year and can apply for a second skin the following year. Initially, there was no limit on the number of mobile skins per licensee.

Another change also added E-sports to games that can be wagered.

What’s Next?

The committee is scheduled to have its sixth hearing on Thursday, followed by another meeting later in the day.

Schuring told lawmakers any changes to the bill must be submitted by Friday. The amendments are expected to be heard next Tuesday.

The proposed legislation awaits impatiently a vote on the floor, as Schuring and the other lawmakers have given themselves a deadline of June 30 to get the Ohio sports betting bill passed and head to Gov. Mike DeWine for his signature.

How Have We Reached Here?

The latest development comes after years of failed attempts at Ohio sports betting. The first attempt was made in 2019, which wasn’t brought to the committee until 2020. When the bill seemed to give hope to Ohio bettors, it died because of political disagreement between the state House and Senate as one chamber wanted to see the Ohio Lottery Commission run sports betting while the other favored the Ohio Casino Control Commission for the same role.

The current bill in the upper chamber would see the Casino Control Commission in charge.

Proponents of legal sports betting say without regulations, businesses and taxes from the industry are deserting the state. The disillusionment on a more individual level was expressed by a resident Richard Pijper who testified during the legislation’s third hearing. Pijper said he and his fiance have even considered leaving the state because of the lack of sports betting in the state. He said the Buckeye State is missing out on millions of dollars in potential revenue by delaying legalization.

Even Gov. Mike DeWine wants legalized sports betting. At the March 1 press conference, he said, “Sports betting is already in Ohio, Ohio is just not regulating it.”

Related News

Ohio senate house
May 5, 2021

Ohio Sports Betting To Be Introduced This Thursday

After years of wait, it could be finally a fruitful attempt as a long-awaited Ohio sports betting bill will see the light of the day on Thursday. Sen. Kirk Schuring […]

read more
November 20, 2019

Ohio Charitable Gaming Laws

Chapter XXIX § 2915.02 Gambling. (C) This section does not prohibit conduct in connection with gambling expressly permitted by law. (D) This section does not apply to any of the […]

read more
Ohio state house
December 14, 2020

Ohio Makes A Last-Minute Push to Legalize Sports Betting in 2020

Ohio lawmakers have made a last-minute push to legalize sports betting in 2020 by introducing a substitute bill in the legislature. Last Tuesday, Sen. John Eklund put forward the substitute […]

read more
Ohio Capital
June 18, 2021

Ohio Senate Committee Expands But Delays Sports Betting

The Ohio Senate committee has approved key changes that will expand sports betting in the state but delay the launch to April 2022. The original plan to launch was Jan […]

read more
Cincinnati Reds players high five
June 22, 2021

WynnBET Inks Sponsorship Deal With Cincinnati Reds in Ohio

WynnBET on Tuesday announced a partnership with the Cincinnati Reds the same day the Ohio lawmakers approved sports betting with key amendments. The corporate partnership with the Ohio-based Major League […]

read more
September 28, 2020

Ohio Gaming Revenue Sees a Dramatic Surge in August

A month after the reopening of the gambling venues in Ohio, the state’s gaming revenue in August reached an all-time high. Lawmakers in the state took some more time to […]

read more
Ohio state house
May 18, 2021

Ohio Casinos Fight Back Against Sports Betting Expansion Bill

Ohio Casino owners have fought back against a proposed expansion in gambling that could allow even Ford Motor Company to have sports betting. On Wednesday, Ohio Senate Select Committee on […]

read more
Hollywood Casino Ohio
November 16, 2020

Ohio Casinos & Racinos Post Record Revenue in October

Ohio casinos and racinos have achieved another record month in October while posting $169 million in gambling revenue. According to Ohio Casino Control Commission that released its data on Monday, […]

read more
Ohio senate house
November 22, 2020

Ohio Sports Betting Bill Sees Snail’s Pace Progress

Ohio progresses towards legalizing sports betting is at a snail’s pace amid the political transition after the state election. The discussion on sports betting is currently stalled following a Senate […]

read more
Ohio state house
April 16, 2021

Ohio Lawmakers Renew Efforts to Legalize Sports Betting

Another Ohio sports betting bill is expected by the end of April with the hope of having an operational industry by fall or within a year from now. The development […]

read more
Ohio state capitol
April 7, 2021

Ohio Sports Betting Bill Expected By End of April

The Ohio legislature is expected to introduce a sports betting bill by the end of April following months of hearings from the stakeholders. Last Wednesday, the ninth and final hearing […]

read more
Ohio sports betting launch
July 1, 2021

Ohio Sports Betting Could Miss Target Date For Legalization

Legalized Ohio sports betting could miss its target date – June 30 – as the bill suffers delays in a House committee despite passing through Senate. No committee meetings are […]

read more

Stay Updated & Receive Exclusive Offers

Be the first to know when new states legalize online gambling and gain access to exclusive casino and sports betting promotional offers.