Ohio Sports Betting Revenue Jumps in June Despite Lower Handle

Ohio sportsbooks closed June with higher profits even as overall betting volume slowed. The Ohio Casino Control Commission reported that online and retail operators combined for $586.3 million in handle, a 22.8% increase year-over-year, while revenue climbed to $74.95 million.

Good to know

• Revenue rose 46% year-over-year, fueled by a 12.8% hold, the best of 2025.
• Ohio collected $15.3 million in taxes for June, pushing YTD past $90 million.
• Online operators handled $567.4 million, more than 96% of all wagers.

Even with only the NBA Finals and MLB driving action in June, operators saw the highest win rate since September 2024, with hold jumping to 12.8% compared to 9.7% last June.

Promotional spending also decreased. Operators spent $17.2 million on bonuses and promos, down over $3 million from May.

Retail sportsbooks, while a small piece of the market, saw a rebound with $18.9 million in handle, up 34% month-over-month, and more than $1.1 million in revenue.

Top Sportsbooks in June

Online betting continues to dominate in Ohio, with FanDuel leading the pack:

1. FanDuel – $196.8M handle / $29.8M revenue / 15.1% hold
2. DraftKings – $173.9M handle / $23.1M revenue / 13.2% hold
3. bet365 – $57.7M handle / $5.9M revenue
4. BetMGM – $40.1M handle / $5.3M revenue
5. Fanatics Sportsbook – $20.9M handle / $4M revenue / 19.1% hold

Caesars followed with $20.4M in handle and $2.1M revenue, while ESPN BET captured 3% market share, generating $2.7M. Hard Rock Bet was the only other operator to top $1M in monthly profit.

The NBA playoffs drove more than $160 million in operator profits over the final two months of the season. With the MLB season ongoing and football season on the horizon, Ohio’s betting market is poised to remain strong in the second half of 2025.