Contenders with Unconventional Backgrounds Apply for Ohio Betting Licenses
Ohio is gearing up for a significant expansion of its sports betting industry, with a diverse range of major sportsbook operators, casinos, technology companies, and partnerships linked to professional sports teams and venues applying for licenses.
The Cincinnati Bengals have partnered with Betfred for mobile betting, but no retail partner has been announced yet. Sportsbook newcomer Underdog Fantasy and sports merchandise giant Fanatics have filed legal sports wagering applications in Ohio, joining the likes of HOF Village Newco partnering with Rush Street Interactive, Penn Sports Interactive LLC, Elys Gameboard Technologies, DraftKings, JACK Cleveland Casino and JACK Thistledown Racino, PointsBet, BetMGM, Caesars Sportsbook, Betr, bet365, FanDuel, Hard Rock Bet, betJACK, and Tipico.
Underdog Fantasy will partner with the MLB Cincinnati Reds on a digital platform, while Fanatics has applied for partnerships with the NHL Columbus Blue Jackets and the MLB Cleveland Guardians. Phantom Fireworks, the leading retailer of consumer fireworks in Ohio, has applied for a retail license but did not list a partner.
The NBA Cleveland Cavaliers have a mobile partnership with Fubo Sportsbook and a retail deal with Caesars. The MLS Columbus Crew have a mobile agreement with Tipico, but have not yet applied for a Type B retail license. JSJ Klub, which owns Ohio-based restaurant chain Harry Buffalo, has applied for a retail license and listed PointsBet as its partner.
JACK Entertainment will debut BetJACK retail sportsbooks at both its Cleveland and Thistledown locations, with PlayUp as the mobile partner for the Cleveland location. FC Cincinnati has mobile and retail partnerships with Superbook Sports. The Pro Football Hall of Fame has a mobile partnership with Instabet and a retail deal with Rush Street Interactive.
Miami Valley Gaming Racino has not announced any retail or mobile partners. MGM appears to have plans for three retail sportsbooks in Ohio. The Cleveland Browns have a mobile deal with Bally's and a retail partnership with Caesars.
Ohio's casino control commission has begun accepting applications for Type C licenses and second Management Services Provider applications for larger entities. The second designated application window for Type C sports gaming hosts and second Management Services Providers (MMSPs) has an Aug. 15 deadline.
In total, Ohio has about 15 licensed online sportsbooks, with 25 online (Type-A) licenses and 33 retail (Type-B) licenses available. The state regulator is the Ohio Casino Control Commission. With the growing number of applications and partnerships, Ohio's sports betting industry is set for an exciting future.
- The underdog in the sports betting landscape, Underdog Fantasy, has filed an application in Ohio's expanding industry.
- Stakeholders in Ohio's sports betting industry include major sportsbook operators, casinos, technology companies, and professional sports teams.
- Odds are high that Underdog Fantasy will make a significant impact in Ohio's sports betting market with their innovative approach.
- The wager on Ohio's sports betting industry is that it will become a major player in the finance and lifestyle sectors.
- The sports betting industry in Ohio is attracting investors, with venture capitalists seeing potential for wealth-management and business growth.
- Sports betting is not just a game of chance; it's a serious business that requires strategic planning and understanding of the industry.
- With the expansion of sports betting, banking and insurance sectors may also see a surge in activity, as more people take an interest in personal finance.
- Fintech companies are also showing interest in Ohio's sports betting industry, seeing it as a promising avenue for future growth.
- Real estate developers may find opportunities in building facilities for sportsbooks and casinos.
- The stock market could potentially be influenced by the performance of companies involved in the sports betting industry.
- Private equity firms are likely to be interested in acquiring stakes in successful ventures within Ohio's sports betting market.
- Data and cloud computing will play a crucial role in managing the vast amounts of data generated by the sports betting industry.
- Technology will drive innovations in the sports betting industry, making it more accessible and user-friendly.
- Travel and tourism could benefit from the growth of sports betting, as people may travel to bet on their favorite teams.
- Car manufacturers could see increased demand for luxury vehicles, as the affluence associated with winning big in sports betting increases.
- Books about sports betting, investing, and personal growth may become popular resources for those looking to gain an edge in the industry.
- Education and self-development are key components for those looking to succeed in the sports betting industry.
- Personal growth opportunities extend beyond just financial gains, as individuals can learn valuable skills in business, technology, and data analysis.
- Big wins in sports betting can lead to substantial wealth, potentially altering one's lifestyle and financial future.
- Shopping habits may change for those who win big in sports betting, as they may have more disposable income to spend.
- Social media influencers and celebrities may promote sports betting platforms, attracting new users and generating revenue.
- Movies and TV shows about sports betting, gambling trends, and casino personalities can offer entertainment and insights into the industry.
- The job market for sports betting may expand, offering roles in customer service, marketing, data analysis, and law enforcement.
- Casino culture and pop culture are closely intertwined, with the glamour and excitement of casinos often portrayed in entertainment.
- Sci-fi and fantasy themes find their way into various aspects of the sports betting industry, from casino decor to events and promotions.
- In the world of sports betting, responsible gambling, skills training, and goal-setting are essential for success and maintaining a positive lifestyle.