Will a brand new invoice determine entry to sports activities betting in Ohio?
Late. John Eklund introduced the replacement for SB 111who have legalized sports betting in Ohio however, limits the market to one skin per casino.
Eklund presented the new bill on Tuesday State and Agency Review Committee To meet. The bill passed with little discussion after Eklund spoke about the replacement in last week’s hearing.
Eklund noticed that there were some “technical changes” and clarified an area where he had misspelled last week. Casinos and Racinos pay a $ 100,000 Registration fee and $ 100,000 Royalty every three Years not $ 200,000 everyone like he said last week.
The replacement has to be approved by both the Senate and the House of Representatives, with just over three weeks remaining, though Eklund is confident he has the support of Representative Dave Greenspan and Brigid Kelly, Sponsors the house’s sports betting bill. Despite the short timeframe and changes, the senator told LSR that he was confident that sports betting in Ohio will be legalized this year.
“Whether we work another week or two more, I think we can still do it,” said Eklund. “I really do.”
Just one more sports betting skin in Ohio?
Out 11 possible sports betting brands, it is likely that as many as 10 have already been decided.
Penn is one of only two operators in the state with multiple skins. JACK Entertainment has two while the rest have one:
- Boyd Gaming (how is going to FanDuel Sports Betting via a market access agreement)
- Caesars Entertainment (operated by William Hillwho buys Caesars)
- Churchill Downs / Delaware North (It will probably be Churchill BetAmerica Brand, though Delaware North offers sports betting through IGT and BetGenius in the Arkansas and West Virginia)
- Hard rock (The company is partnered with Scientific games in the Iowa and New Jersey)
- MGM resorts (will be BetMGM)
Who’s Got What With Penn?
Penn National chose July 2019 Who would get their skins through multiple market access agreements:
- DraftKings Sports BettingFOX Bet and PointsBet Get access on the basis of the first skin
- theScore Bet Get access on a second skin basis
Penn National retains a license to itself Bar stool sports betting Brand. That probably means theScore Bet is the weird brand.
Who might be interested in JACK’s second skin?
JACK has now teamed up with camp last September to run its online and retail sports betting. Social sports betting is already available on the PlayJACK website.
The publication states that Kambi will be responsible for both of the retail sports bets, but does not say whether or not this is online for both casinos. JACK told LSR that “your request for an interview cannot be considered at this time” when asked about plans for the second skin.
JACK could charge a pretty penny for anyone who wants access to Ohio 11.7 million People what it makes seventh largest state by population.
Sports betting brands with access to two or more US states without access to Ohio include:
- theScore Bet (provided the brand licenses Penn up)
Penn National supports new replacement bill
The only testimony filed for Tuesday’s hearing was from Penn National. Eric SchippersPenn’s Vice President of Public Affairs and Government Relations resubmitted a testimony previously filed for the final hearing of the law November 18.
The industry still thought the bill would include two Skins at this point. That was down from three earlier in the fall.
Penn was the only proponent of six out of the Previous Meet to re-testify for the replacement bill. This does not indicate the other five Proponents disagree, but it’s a lot easier for Penn to be a vocal advocate four casinos on the market.