On January 1, 2023, sports betting officially became legal in Onio. Since then, several retail and online operators have entered the market. In November 2024, the state generated a handle of over $1 billion for the second time ever. The Ohio Casino Control Commission reported a $1.03 billion handle in November. That was a 19% year-over-year increase and the second-highest handle ever.
November was a month full of NFL, NBA, college football, and college basketball for customers to place wagers on. This included Thanksgiving with three primetime NFL games that received a ton of action. Since the state’s official launch in 2023, Ohio surpassed $15 billion in sports betting wagers. In November 2024, the state collected $117 million in revenue from an 11.4% hold. That was a 43.5% month-over-month increase and Ohio’s second-highest revenue ever.
Online sports betting generated $1 billion worth of wagers in November. That was enough to produce $114.2 million of Ohio’s total November revenue. State coffers collected $23.5 million and their yearly tax total is $170 million.