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Add Ohio Sports Betting Revenue Tops $113M in January

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Chanel Ledger 2026-04-29 12:01:55 +08:00
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<br>Sportsbooks in Ohio reported more than $113 million in total revenue, their highest since the launch of Ohio sports betting in January 2023 when they brought in over $210 million.<br>
<br>Total revenue crossed $1 billion as well, reaching that milestone and doing so in just 13 months. Eleven other states have also crossed $1 billion in sports betting revenue.<br>
<br>The overall handle eclipsed $810 million across the both retail and online sports betting sites, with the [online sportsbooks](https://rapid.tube/@ernestineflowe?page=about) in Ohio [collecting](https://www.macphersonwiki.org/wiki/The_Bet_Naija_Promotion_Code_2026_Is_YOHAIG) $792 million in wagers. The 15 [retail sportsbooks](https://trbs.link/grovermascorro) in Ohio collected just over $18 million in wagers and kept $2.5 million in [revenue](https://www.nationalcsadirectory.com/author/robinfergusson/).<br>
<br>The state took in $22.6 million in tax revenue, adding to the over $187 million it collected in 2023.<br>
<br>Ohio sports [betting](https://gitlab.rails365.net/louiselohman3) trends<br>
<br>Online sportsbooks in Ohio have only [generated nine-figure](https://gratisafhalen.be/author/svensegal28/) revenues in two months of the Ohio sports betting market being live: January 2023 and January 2024. March 2023 saw the third-highest revenue with $92 million, December 2023 saw the fourth-highest with $84 million, and February 2023 rounds out the top five revenue months with $80 million.<br>
<br>Ohio sports betting operators came out swinging to gain market share when Ohio sportsbooks launched last year, dropping an exorbitant promotional spend of nearly $320 million. January only saw $40 million expended on promotional expenses, with only five months [outpacing](http://gpbudownictwo.pl/rustic-interior-ideas/) that spend. For scale, Ohio online sportsbooks only invested just over $40 million in promotional endeavors throughout the entire summer months between June and August last year.<br>
<br>Best online sportsbooks in Ohio<br>
<br>FanDuel and DraftKings continue to reign supreme as top dogs in the Ohio sports betting market. FanDuel earned just under $53 million in revenue on a nearly $283 million handle. [DraftKings](https://video.buzzsharer.com/@kashaz73639483?page=about) was not too far behind with a $254 million handle and almost $34 million in revenue. These two powerhouses have enjoyed a stranglehold on the top two spots market wide. DraftKings has only surpassed FanDuel’s handle four times and its revenue just once though.<br>
<br>ESPN BET held onto third place for the third consecutive month, but both its handle and revenue declined month-over-month. It collected over $70 million in wagers in November and December respectively and earned $11.9 million and $8 million in revenue in those months. It still had a respectable January, however, hauling in just under $60 million in total handle with $4.6 million in revenue.<br>