Ohio Sports Betting Law – Launching Mobile Sports Betting
With the passing of the Ohio sports betting law, fans of the state’s sports can now place bets on a variety of games. The new legislation also allows the state to launch mobile betting. This means that bettors can now wager on their favorite teams and sports events from the comfort of their home.
Sports betting was previously illegal in Illinois, but the Illinois legislature passed a legal sports betting bill in 2018. Fans of the Chicago Bears, Blackhawks, Bulls, and other local professional teams can now take part in the action. In addition, fans can bet on all major domestic sports at Michigan’s mobile sportsbooks. Some of the top sportsbooks offer risk-free bet deals and deposit match offers. These promotions can be claimed by signing up for an account.
Before the law was passed, Michigan’s casinos lost out on potential revenue. However, they have welcomed the new growth with open arms. There are currently 15 online sportsbooks available. While not all of them are licensed, they provide bettors with a range of options. They can be found on the App Store and Google Play Store. You can sign up for an account by downloading the app or by visiting a licensed Michigan sportsbook.
After the new law was passed, the state began accepting pre-registration requests from licensed bookmakers. This was done in hopes of attracting customers and establishing a foothold in the market before the big players arrived. As of now, there are only four land-based sportsbooks in the state.
DraftKings and FanDuel have been announced as official betting partners with the NFL and the PGA. The latter of these two leagues is expected to grow significantly in the next five to ten years. Both companies are partnered with a number of other popular sports teams, including the Nets, Rangers, and Madison Square Garden.
BetMGM has also signed on as an official betting partner with the Knicks, as well as six NBA/NHL teams. BetRivers has also received an approval from the Ohio Casino Control Commission to operate a sportsbook.
There are a few reasons why the Cleveland Cavaliers and the Chicago Bears are unlikely to launch mobile betting in time for the start of the 2022 season. First, the team is in the middle of a rebuild. Second, the Coronavirus outbreak has affected retail operations. Third, it is impossible for the team to begin mobile betting in time for the Super Bowl.
Despite the challenges that have plagued the sports betting industry, partnerships between sportsbook operators and professional leagues have expanded quickly. Those partnering with the NFL, PGA, and other professional sports leagues have been able to find common ground and develop deals that are both beneficial to their partners and to the sport itself.
Sports bettors in New York can now take advantage of a number of risk-free bets and deposit match offers when they sign up for an account with one of the approved apps. Mobile sportsbooks like FanDuel, DraftKings, and Caesars offer a number of promos to keep patrons logged in.