Sports News
| Published On Apr 30, 2024 1:57 pm CEST | By Daniel Li

Ohio Regulators Deliberate ‘Use or Lose’ Rule for Sports Betting Licenses

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In a recent development, the Ohio Casino Control Commission has announced plans to amend the state’s sports betting licensing regulations, introducing stricter measures for license holders.

Under the proposed amendment, license holders would face limitations on reapplying for a license if they fail to launch sports betting during their current license term. The commission has invited formal written feedback on these amendments until Tuesday, May 7, at 5 p.m.

The proposed amendment stipulates, “A type A (B or C) sports gaming proprietor may not apply to renew its license if it did not actively offer sports gaming to the economic benefit of the state under the license during the preceding license term and must wait a minimum of one year from the expiration of the license before seeking another license.”

Implications and Flexibility

This amendment would also extend to management service providers who have not initiated sports betting activities during their term. The commission emphasized that these changes aim to provide greater flexibility to regulators in determining whether to revoke a sports betting license.

According to the proposed amendments, the commission seeks to address the ‘use or lose’ requirements for different license types, including Type-A, -B, and -C Proprietors, Management Services Providers, and Mobile Management Services Providers.

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Ohio offers three types of sports betting licenses: Type A (online sports betting), Type B (retail sports betting), and Type C (retail sports betting kiosks). As of now, the Ohio Casino Control Commission has granted 22 Type-A licenses, 23 Type-B licenses, and seven Type-C licenses.

Not all license holders, meanwhile, have started sports betting businesses. There are just three Type-A license holders that have not yet started operations: the Cleveland Cavaliers, JACK Thistledown Racino, LLC, and the Cincinnati Reds.

On the other hand, seven Type-B retail license holders—including well-known organizations like the Pro Football Hall of Fame Village, the Cleveland Browns, and the Murfield Village Golf Club—have not yet opened for business.

Although sports betting kiosks are presently available to holders of Type-C licenses, the proposed revisions indicate a move toward stricter rules in Ohio’s sports betting market.

Daniel Li

A day trader in cryptocurrencies and avid sports bettor himself, Daniel decided to join the team and share his expertise with the iGaming.org audience. Areas of interest are global crypto regulations and the adoption of cryptocurrency use in the world. Daniel loves to work hard and write “how to guides” related to sports betting to share his take on various topics.