Sports betting revenue in Ohio climbs to $92.3m for March

May 5, 2023
By
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Both sports betting and casino revenues rose significantly when compared to February totals.

The Ohio Casino Control Commission has released its monthly sports betting results for March. During its third operational month since its recent opening, the Buckeye State ended March with a sports betting revenue total that reached nearly $92.3m.

While statewide sports betting revenue fell during February, Ohio bounced back in March and posted $10m greater for the month. Buckeye State players walked away in March with more than $619m in winnings, paid out from their sports wagers. Total gross receipts from the state’s online operators amounted to more than $715m.

Taking the lead for the month among operators, FanDuel raked in close to $37.3m in revenue. Other heavy hitters for March included DraftKings and bet365, which generated revenue totals of $25m and $12m respectively.

Casino revenue statewide followed the same upward trend during March, which is good news for the Buckeye State. The state generated almost $93.5m in total casino revenue, nearly $11m more than its February result.

Slot revenue during the month grew to $66.7m, beating out its February figure by more than $7m. Table games also experienced a revenue rise in March, ending the month with a total of $26.7m.

To date, Ohio’s casinos have raked in a total of $262.1m since the first of the year. The state has generated nearly $387.2m in sports betting revenue for 2023.

Since the Supreme Court repealed PASPA in 2018, online gambling is currently available in more than 35 states, with 18 of those allowing for legal online sports wagering.

Ohio joined the ranks earlier this year, after opening its regulated sports betting market on January 1.

State-by-State

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