State Regulators Prepare for Legal Sports Betting in Ohio

State Regulators Prepare for Legal Sports Betting in Ohio

Last updated on March 12th, 2022 at 06:52 am

Although there is no legal sports betting in Ohio during March Madness this year, state regulators are optimistic that people can legally do so next year. The move has support from professional sports teams and casinos.

Adam Suliman, Jack Entertainment VP of Sports and Digital, said that the company is preparing for sports wagering. They made the preparations months before lawmakers vote for its legalization in December. Also, they include planning a retail store and mobile application.

the company plans to have a retail sportsbook on the ground floor of the JACK Cleveland Casino.

Legal Sports Betting in Ohio

State Regulators Prepare for Legal Sports Betting in OhioA considerable portion of wagering is relied upon to be done carefully through mobile applications. For example, this week, JACK launched its Bet JACK application. It would allow players to learn and practice sports wagering without staking real money before statewide gaming launches.

Last month, Caesars Sportsbook and the Cleveland Cavaliers declared they are banding together to offer games wagering, with plans for a retail store at Rocket Mortgage FieldHouse.

The Cavs said the sportsbook would cover more than 10,000 square feet. Also, you can find it on the ground-level chamber in the northwest corner of the field. As per white label sports betting experts, wagering windows for betting will be open all year.

According to a sportsbook pay per head solution, the Ohio Casino Control Commission, which will manage sports wagering, said sports wagering would go live statewide toward the beginning of the following year.

The Commission currently manages the standard-making process before tolerating applications in the late spring or fall and granting sportsbook operator licenses afterward.

The best betting software research showed that 49.8 percent of Ohioans said they want sports betting on professional sports to be lawful. However, 29.7 percent were against it.

In any case, a more significant part went against wagering on school sports. 48.7 percent of respondents said they think betting on college sports should not be lawful. On the other hand, 36.3 percent wanted the legalization of college sports betting.

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