Buckeye State bettors wagered $520.6 million in April 2023 while hauling in $63.7 million, so the market enjoyed year-over-year growth in the month of April overall.
Ohio sports betting has been a formidable force in the legal sports betting industry since its inception, and April marked a major milestone month. a $673.2 million handle in April, which helped the state eclipse $10 billion in bets just 16 months after the legal market launched on Jan. 1, 2023. The Arizona sports betting market had previously held the industry record for fewest months to reach the $10 billion mark, reaching that milestone in 20 months in April 2023.
Year to date, Ohio sports betting operators have collected $2.96 billion in wagers, a slight 1.6% decrease year-over-year from when the market came out really hot in its first four months of legal betting last year. Of all bets in April, 97.6% were cast via Ohio online sports betting sites. Online sportsbooks in Ohio reported a $657.1 million handle and $72.8 million in taxable revenue. Online handle declined month-over-month from March’s $784.
DraftKings was the only other online operator to record a nine-figure handle in April with $216.8 million and also was the only other online operator to surpass eight figures in revenue with $20.8 million.
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