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Ohio Sports Betting Revenue Drops While Casinos Perform Well Again In March Report

olivertaliku

Ohio sports betting struggled in March following the ban of college prop bets, but Ohio casino revenue numbers over-performed yet again after a tough start to the year.

Figures for Ohio betting revenue show that sports betting revenue took a dramatic drop in March, down 3.8% from February’s figures and a whopping 33.1% short of last year’s numbers for the same month.

On March 1st the NCAA officially banned prop betting on college sports, which frustrated fans ahead of March Madness.

With college prop betting banned there was understandably a dip in sports betting revenue for the Buckeye State during March – but down 33.1% compared to last year was a tough blow.

Ohio’s governor announced after the ban that: “The Ohio Casino Control Commission took quick action to protect student athletes from unnecessary and potentially harmful threats.

“Amending rules to focus bets on the team and away from individual athletes will improve the marketplace in Ohio and properly focus betting attention on the teams and away from individual student athletes.”

Ohio Casino Numbers Up In March

Despite the dip in sports betting, Ohio posted back to back positive revenue months for casinos, after suffering from their worst month in three years through January.

During March Ohio casinos reported $94.7m in monthly revenue which was over $10m more than in February and 1.3% higher than last years numbers for the same month.

See below for Ohio casino revenue breakdown through March 2024:

  • Hollywood Columbus – $25.6m
  • Jack Cleveland’s – $24.5m
  • Hollywood Toledo Casino – $22.5m
  • Hard Rock Cincinnati – $22.2m

 

olivertaliku

Olly Taliku has worked with highly respected sports and gambling websites where he has produced hundreds of articles, as well as being published with Burton Albion and Chesterfield FC. At Burton Olly worked closely alongside the women's team, producing mainly matchday content including reports and interviews, while at Chesterfield he worked in a similar role but with the academy side, as well as some first team content. He also has experience as an accredited Premier League and EFL writer for Prost International where he worked during the 2021/22 season to produce matchday content as an on location reporter. Olly specialises in football as well as long form SEO content plus news, tips and betting but also produces content on basketball, baseball and American football.