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Ohio Reports More Than $16 Million in October Sports Betting Tax Revenue

Robert Linnehan

by Robert Linnehan in Sports Betting News

Updated Dec 1, 2023 · 6:46 AM PST

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  • The Ohio Casino Control Commission reported $746.29 million in total sports betting handle for October
  • Taxable revenue came in at $80.5 million
  • The state took in more than $16 million in sports betting taxes for the month

Ohio notched another successful sports betting month in October, despite tax revenue being slightly down when compared with September.

The Ohio Casino Control Commission reported $746,298,634 in total Ohio sports betting handle for the month, an increase of nearly $56 million in total handle when compared to September. However, total taxable revenue was down for the month, with the state reporting $80,577,223 compared with September’s $81,767,838 in taxable revenue.

Online sports betting accounted for $724.14 million of the state’s total handle for the month.

DraftKings, FanDuel Neck and Neck

Ohio reported $16,115,444 in sports betting tax revenue for October, a slight decrease from September’s $16,353,567 in sports betting tax revenue.

Promotional spending among the online sports betting operators dropped in October as operators tightened their spending for the second month of the NFL season. Operators spent $38.6 million on promotions for the month, a decline of nearly $14 million from September’s total.

DraftKings slightly edged FanDuel in terms of online handle, as the sports betting operator reported $258.7 million in total online handle compared with FanDuel’s $258.6 million total. However, if you include FanDuel’s $481,660 in retail handle, it pushes the operator’s total October handle to over $259 million.

FanDuel also notched the highest online sports betting taxable revenue total for the month, reporting $30.9 million compared with DraftKings $28.6 million.

No other operator in the state crossed $50 million in online sports betting handle in October. Bet365 cracked the top three operators with $45.6 million in online sports betting handle for the month.

In its last month of operation in the state before experiencing its rebrand to ESPN BET, PENN Entertainment’s Barstool Sportsbook reported $19.8 million in online handle and just $1.6 million in taxable revenue.

Full October Ohio Online Sports Betting Numbers

Here are the total online sports betting operator figures for the month of October:

  1. DraftKings: $258,703,955
  2. FanDuel: $258,646,980
  3. Bet365: $45,668,990
  4. BetMGM: $45,385,160
  5. Caesars Sportsbook: $35,462,305
  6. Fanatics: $24,255,021
  7. Barstool Sportsbook: $19,838,796
  8. Hard Rock: $8,150,343
  9. Tipico Sportsbook: $5,535,838
  10. Rush Street Interactive: $4,740,644
  11. BetJack: $4,275,983
  12. PointsBet Ohio: $4,256,946
  13. Prime Sports: $2,316,643
  14. BetFred Sports: $1,711,329
  15. Parx Interactive: $1,514,990
  16. MVGBet: $1,061,437
  17. Bally’s Interactive: $1,012,868
  18. Betway: $758,128
  19. Betr: $430,480
  20. SuperBook: $422,705

The operators reported the following taxable sports betting revenues for October:

  1. FanDuel: $30,961,763
  2. DraftKings: $28,605,779
  3. BetMGM: $5,670,432
  4. Bet365: $3,849,761
  5. Fanatics: $2,553,382
  6. Caesars Sportsbook: $2,332,616
  7. Barstool Sportsbook: $1,633,321
  8. Hard Rock: $587,928
  9. Tipico Sportsbook: $471,778
  10. BetJack: $434,333
  11. PointsBet Ohio: $383,164
  12. Rush Street Interactive: $261,784
  13. BetFred Sports: $159,169
  14. Prime Sports: $66,153
  15. Parx Interactive: $64,335
  16. Betway: $63,503
  17. Bally’s Interactive: $53,642
  18. Betr: NA ($4,680)
  19. SuperBook: NA ($5,552)
  20. MVGBet: NA ($14,966)
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