Sports News
| Published On Jan 4, 2025 6:56 am CET | By Daniel Li

Ohio Reports $116.9 Million in Sports Wagering Revenue

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Ohio’s sports betting market saw another strong month in November, with total betting activity exceeding $1 billion for only the second time in the state’s history. The Ohio Casino Control Commission released its latest figures, showing a handle of $1.03 billion for November, marking a 19% increase compared to the same month last year.

Revenue from sports betting also grew significantly during the month. Across the state, sports wagering generated $116.9 million in total revenue. Online platforms accounted for the majority of this figure, contributing $114.2 million, while retail betting locations added $2.7 million.

Ohio’s sports betting market has maintained strong performance throughout 2024. From January to November, the state reported $843.8 million in sports betting revenue. Online wagering contributed the bulk of this total with $826.3 million, while retail betting generated $17.5 million.

Since the Supreme Court overturned the federal ban on sports betting in 2018, 38 states have legalized and regulated their markets. Ohio has quickly become one of the most active states in the industry, benefiting from growing interest in online and in-person betting options.

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.