State of Ohio
Part of United States
Ohio is a sports betting state without online casino, and its short history is mostly a story about tax. The Casino Control Commission set a universal start date of 1 January 2023, launching online and retail together rather than staggering them, which produced one of the largest opening months any US state has recorded. The rate did not hold. Sports betting launched at 10% and the tax doubled to 20% with effect from 1 July 2023, in the biennial budget, barely six months after the market opened. A further proposal to double it again to 40% was stripped from the budget passed in May 2025, so the rate stands at 20%. Online casino is not authorised. That distinction matters more in the United States than anywhere else, because sports betting and iGaming are separate authorisations and most betting states do not have the second one. Ohio is also a useful warning about rate stability, since the tax doubled within six months of launch and a further doubling was proposed and only narrowly dropped. Launch economics in US states should be modelled against the possibility of an early revision rather than a fixed rate.
The tax rate is the live question rather than iGaming. Ohio has already doubled it once and seen a second doubling proposed and dropped, which puts it among the states most likely to revisit the rate again.
The Ohio Casino Control Commission's June resignation letter surfaced at a Massachusetts Gaming Commission meeting last week, where commissioners decided to stay "for now". The national problem-gambling body says taking Kalshi's money is not an endorsement. Three state bodies have decided it is.
Fourteen months after the "Big Beautiful Bill" cut deductible losses to 90%, the Ways and Means Committee has attached the fix to a crypto tax bill and sent it to the floor. It still needs the House, the Senate and the President before 1 January, and the House is about to leave town.
Two consecutive daily records, parlays over half of everything, a $56m Cowboys-Giants market and pricing that Citizens says beat FanDuel and DraftKings on straight bets. The volume figure counts both sides of every trade.
A federal appeals court has rejected the argument on which the entire prediction market industry rests, holding that a sporting result is not the kind of event the Commodity Exchange Act was written to cover. It is the clearest defeat Kalshi has suffered, and it points directly at the Supreme Court.
The Dodgers, Red Sox, Braves, Padres and Giants are Kalshi partners, and had been for weeks before anyone said so. Three of the five are in California, where no state lawsuit has been filed and the lobbying has already started.
Washington's derivatives regulator has named the team that will help shape the future of prediction markets, cryptocurrency and AI regulation. The appointments signal where the CFTC's priorities lie.
Indiana lawmakers are currently debating a massive 750 million dollar casino relocation to Indianapolis alongside a competing 500 million dollar proposal for Allen County as the state also weighs the future of online lottery and sweepstakes gaming.
The National Basketball Association (NBA) and its players' union (NBPA) are actively considering new restrictions on player proposition bets, signalling a
In a chilling new chapter for Major League Baseball's ongoing dance with sports betting, Cleveland Guardians right-hander Luis Ortiz finds his career abruptly
State of Ohio
Legal Sports Report