Latest betting market development: Proposed gambling legislation puts fee on sports wagers in Ohio. Analysis for sports bettors and prediction market participants.
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What You Need to Know
Here are the key details from this alert:
- COLUMBUS, Ohio (WSYX) —A bill has been proposed by Republican State Senator Louis Blessing, III, based in the Cincinnati area, that would put a 2-percent fee on sports wagers
- The revenue it generates would fund public sports stadiums and also K-12 education
- The 2-percent fee is in addition to Ohio’s existing 20 % tax on sports gaming receipts
- Blessing said this could raise an additional $200 million per year
- Others like Columbus-area Democratic State Senator Bill DeMora are skeptical of the amount of revenue it could bring
- Blessing says there is no need to worry, as the sports books will be the ones paying the tax, sharing what he believes are the positives of the bill
- Source: Proposed gambling legislation puts fee on sports wagers in Ohio
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Published by Bocphot on April 16, 2026. Source: Proposed gambling legislation puts fee on sports wagers in O
