Proposed Ohio Sports Betting Bill Is Already Changing; House is still working
The Senate’s proposal to legalize sports betting in Ohio just dropped Thursday but there are already changes in the works.
The legislation, detailed at a press conference by Senator Kirk Schuringtakes a very different approach than last year in Ohio. It suggests 40 Total licenses, 20th for mobile and 20th for retail sports betting, all of which are available through an open bid.
The Ohio lottery can also offer sports pools with a fixed rate $ 20 Buy-in.
The billing language also contained some unintended consequences and was missing some other details, Schuring told LSR. These are being clarified to reflect the real intent of the proposal.
These changes could be officially made with a replacement introduced at Wednesday‘s Elect the Gambling Committee Listen. This is also the first opportunity for stakeholders to testify about the OH sports betting legislation.
Changes are coming to Ohio Sportsbook Bill
During the press conference, Schuring mentioned that professional sports teams may not want to apply for a Type A mobile license because they would have to “transfer the bet” or accept the risk. Type B licenses can outsource the bookmaker to the sports betting operator.
That is not directly reflected in the legislation, but it will be, said Schuring:
“I’ve been around a long time and I think I said the first iteration of the bill after examining many, many different eyes. We can make it as clear as I have described. OK?
“So if someone says what you said, we don’t read it that way. Well, I’m going to take a look at it and make sure it reads the way I described it. But what you’ve heard from me is the way it’s designed and how it’s intended. “
While type A – the Schuring license takes over that of the state 11 Casinos and Racinos will want it – only allow mobile licenses, it was not intended to prevent these licensees from offering sports betting on site. Therefore, the invoice will also be updated so that Type A licensees can also offer sports betting for retailers.
The Type B licenses, which Schuring is most excited about as they are seen as the economic engine, do not contain any guidelines about what a sports betting must include or a minimum investment. The Ohio Casino Control Commission will help to substantiate these guidelines, he said.
The licenses are determined according to the best and not the first bid
The invoice stated that both cellular and retail licenses would be issued based on availability. That’s not true, said Schuring.
“Absolutely not, this is where you get the best economic impact,” he added.
This ties in with the free market approach he wants, which offers everyone the same opportunities with a license. This may not have been what everyone wanted, including the casinos and the professional teams and leagues in Ohio who wanted a license given directly to them. Schuring said he had no intention of “feeding” a license to anyone.
In order to remain as neutral as possible during the process, Schuring also declined private meetings until companies publicly stated what they wanted in the legislation:
“When we started the hearings that I said, I will meet with each individual, but not before they publicly testify. I want people to tell us what they think publicly.
“We’re going to be fair and honest and digest it, and when me and others have to work behind the scenes – the Senate President, the two joint sponsors – we will all give them their due debt. But it won’t be in a back room somewhere. I want to hear what they say publicly. “
Ohio House is still working on its sports betting proposal
The Senate kept his proposal under wraps until Thursday’s press conference. That meant those in the house who were also working on a sports betting proposal for Ohio didn’t learn the details until everyone else did.
MP Brigid Kelly LSR said the bill took an interesting approach, but noted that it hasn’t had time to fully digest it. Kelly is involved in the House’s trial this year and is the only person left of last year’s sports betting sponsors in both chambers. Their legislation is still under construction.
“It’s still a work in progress,” said Kelly. “A lot of work has been done. In my opinion [last year’s bill] You’ve laid a good foundation, but when you bring new people into the mix, you know it’s different perspectives, new conversations. So we’re still working on it. “