5BTC or 111% + 111 Free Spins!
New players only. Exclusive 111% Welcome Bonus + 111 Free Spins
Ohio sportsbooks finished 2025 on solid footing, posting one of the highest monthly revenue totals since legal wagering began. December results highlighted a sharp contrast with the same period a year earlier, driven by stronger operator hold and consistent betting volume across the state.
The figures underline how market behavior in Ohio continues to mature nearly three years after launch.
Good to Know
Data released by the Ohio Casino Control Commission showed online and retail sportsbooks produced $138.3 million in taxable revenue during December. That figure represented a year over year increase of nearly 150 percent and ranked second all time for the Buckeye State.
Operators posted a 14.5 percent hold from a $954.3 million handle, more than doubling the 5.8 percent win rate recorded in December 2024. Sports betting results around the College Football Playoff also played a role, as Ohio State failed to cover or win against Miami in the Cotton Bowl on Dec. 31.
Total wagering volume dipped slightly compared with earlier benchmarks. December handle came in roughly 1 percent lower than the same month a year earlier and about $200,000 below November record handle of $1.15 billion. Even so, Ohio still ended the year with four consecutive months exceeding $900 million in bets.
The December performance capped a profitable year overall. Online and retail sportsbooks generated just over $1 billion in total sports betting revenue for 2025, a nearly 16 percent increase from 2024. Annual wagering surpassed $10 billion for the first time, resulting in a double digit hold for the year.
Full year handle climbed 14.6 percent compared with 2024, marking the highest total ever wagered in the state. Including December tax receipts of $14.4 million, Ohio collected close to $210 million in sports betting tax revenue during 2025.
Online wagering accounted for the vast majority of revenue. Ohio online sportsbooks generated more than $132 million in December, with promotional credits nearly cut in half from November levels.
FanDuel led the market with $316.1 million in wagers and $53.4 million in revenue, producing a nearly 17 percent hold for the month. DraftKings followed closely with a $301 million handle and $45.6 million in revenue on a 15.1 percent hold.
bet365 posted $8.6 million in revenue from $75.5 million in wagers, while BetMGM ranked fourth by handle at $63.2 million but generated the third highest profit at $9.1 million.
Fanatics Sportsbook accepted more than $53 million in bets and delivered an 11.4 percent hold. Caesars exceeded a double digit win rate on a $30.5 million handle, producing $3.1 million in revenue.
December also marked the first full month for PENN Entertainment following the transition from ESPN BET to theScore Bet in Ohio.
The sportsbook generated $28.3 million in wagers during the month, a decline of more than $10 million from November. Despite lower volume, hold improved sharply from 10.1 percent to 15.3 percent month over month.
That shift resulted in $4.35 million in December revenue. The total represented the most profitable month of 2025 in Ohio for PENN and exceeded revenue posted by Caesars and Hard Rock during the same period.