Ohio Casino Commission Clarifies Sports Betting Launch Schedule
On Wednesday, the Ohio Casino Control Board set a new schedule for sports betting apps that will see the window open earlier than expected. The update did not include a specific date for the state to go live, but the bill passed last year requires the state market to go live by January 1, 2023. .
New timeline provided by the Casino Control Board
Here is the new timeline provided by the Ohio Casino Control Board regarding applications for the new market:
- June 1, 2022: final versions of the applications made available
- June 15, 2022: opening of the first application window
- July 15, 2022: closing of the first application window and opening of the second application window
- August 15, 2022: closing of the second application window
- 60 days prior to Universal Start Date: Deadline for submission of all plans and procedures; standard application deadline for sports gaming employees
- 30 days before the universal start date: all equipment is ready for verification by the Commission
- January 1, 2023: deadline for Universal Start Date
The first application window is for Type A, B, and C Owners, Mobile Management Service Providers (MMSPs), Management Service Providers (MSPs), and Vendors. Type A includes online sports betting, Type B includes physical sports betting, and Type C includes self-service or clerk-operated terminals at licensed liquor establishments.
The first apps for groups looking to offer sports betting in Ohio will be available next month.
Legal sports betting is expected to launch in Ohio no later than January 1, 2023. pic.twitter.com/lX6kOtFVPc
— Josh Croup 13abc (@JoshCroup) May 4, 2022
How many licenses will be assigned?
House Bill 29 stipulates that the state will have up to 25 online sports betting licenses initially, with preferred status given to state casino and ‘racino’ operators and professional sports teams. Licensees can partner with up to two sports betting operators, but they must also hold one of the state’s 40 physical betting licenses. There could be up to 50 online sportsbooks in Ohio at launch with these rules.
A 60-day deadline will provide clarity
Based on the schedule provided by the Ohio Casino Control Board, submission deadlines occur 60 days prior to the Universal Start Date (USD). Therefore, the public should know the USD no later than October, with the most recent USD being January 1, 2023. All Responsible Gaming Plans, Facility Plans, Equipment Testing, Procedures for geolocation, internal rules and required procedures must be submitted by this 60 -day mark.
Existing Market Access Partnerships
A handful of sportsbooks have agreed to partnerships with Ohio entities for market access in anticipation of the state launching sportsbooks in the near future. Here are some of these partnerships:
- Fubo Gaming and the Cleveland Cavaliers
- Bally’s Interactive and the Cleveland Browns
- Caesars and the Cleveland Cavaliers
- betPARX and the PGA Tour
Additionally, Rush Street Interactive (RSI) will gain access to the Ohio market through its partnership with Penn National Gaming. It is unclear whether RSI will operate in the market through its BetRivers or PlaySugarHouse skin. DraftKings, FanDuel and BetMGM are also expected to be involved in the Ohio market.
Live by football season?
The goal for Ohio has been to launch the sports betting industry by the start of the 2022-23 NFL season, which begins Thursday, September 8. With the 60 day deadline in place, we would need all plans and procedures to be submitted. by early July. That short timeline seems unlikely, but a launch sometime during the next NFL regular season should be possible — it would create a ton of new revenue for Ohio State.