Third hearing on sports betting in Ohio brings further amendments
Ohio Sports betting could have after the last hearing for their first bookmaker SB176.
The Senate Committee on Gambling heard statements from six parties on Wednesday that supported all sports betting in Ohio but suggested minor adjustments. The committee also received two written certificates, including an opponent.
The committee has taken no action on the bill, but sponsors are still aiming for it June 30th for passage. SB 176 was introduced on 12th of May.
First sports bettor in Ohio?
Residents Richard Piper highlighted the third legislative hearing by stating his desire for sports betting in Ohio and that he and his fiancé were considering leaving the state over legislative inaction.
Pijper said he was going to neighboring states to place legal bets. He believes the state is missing out on potential millions of dollars in revenue.
Pijper asked SB 176 co-sponsor Sen. Niraj Antani Why can’t the legislature “do this in time”? He also testified during sports betting hearings in Ohio last year.
“I promise you can come into my office and yell at me if this isn’t done by June 30th,” Antani replied. “I will invite you to place the first bet in Ohio.”
Desire to keep sports betting connected in Ohio
Several testimonials advocated linking OH sports betting with existing games. It’s not the first time casinos have objected to the open-market approach of proposed sports betting licensing in Ohio.
Penn National Gaming SVP for Public Affairs Eric Schippers used Tennessee Action around the clock Situation as a reason for keeping licenses to regulated gambling organizations.
Shortly before March madness, the Tennessee Education Lottery Action 24/7 license was suspended after the operator reported himself 23 Debit card fraud cases. On May 12th, Action 24/7 received an injunction against TEL for failure to follow due process.
“The company had no incentive to adhere to the strict rules and regulations that casino operators and their affiliated sports betting operating partners must adhere to,” said Schippers. “If we lose a license in one jurisdiction or are even penalized by the supervisory authorities for a wrong step, this has consequences in all other jurisdictions in which we have a license. As a listed company, our licenses are our most valuable asset. “
MGM Resorts International Vice President for Government Affairs Rick Limardo said: “Integrity is the foundation of our business and our sports betting.”
Cleaning up the sports betting language in Ohio
Dan Dodd, a spokesman for the industrial trade group iDEA growth, said the bones of SB 176 hold many good supplies, including:
- The 10% Tax rate.
- Place the Casino Control Commission as a regulator.
- Lottery kiosks with a recognized sports lottery product.
- Founding of 20th Type A. Licenses for mobile network operators, with the possibility of concluding sports betting contracts with multiple operators.
Still, Dodd made some suggestions to clear up the language.
iDEA Growth proposed changes
Dodd proposed language changes to define how certain bets are prohibited. He also suggests including a language to define supplier licenses, specifically the model language of Sports radar.
He also encouraged the committee to “confirm that the secure facility only needs to be in Ohio,” as it is a company that is physically present in the state in order to qualify for a Type A license.
Dodd’s last issue included iGaming in legislation. Three neighboring states allow iGaming:
Ohio Lottery Component Considerations
Ohio Licensed Beverage Association managing Director Andy Herf urged the committee to focus on three objectives for a lottery sports betting component:
- Allow the lottery to offer an attractive game to customers
- Start the lottery game at the same time as the other games
- Include lottery dealers in the discussion
Herf said he was encouraged to enter the lottery through “near universal support” to Ohio retailers. Last week several groups asked the committee for similar considerations.
He doesn’t think lottery sports betting will directly generate revenue for retailers in OH. Instead, he wants the component to be attractive to keep the visitors in the bars and restaurants.
Its main objective was to change the game from a pool model to one with lines for even betting. This change, along with higher betting limits, would, in his opinion, make the games more attractive to customers.
“The real benefit for the retailers I represent is that customers stay longer to see entire events,” said Herf.
Desire for professional sports justice
Tennis in the country Tournament Director Kyle Ross written against the wording of the current legislation on professional sports licenses.
The tournament is part of the Women’s Tennis Association Trip. Ross believes the legislation, in its written form, only takes into account men’s sports organizations.
There are no mandates, the licenses go to the men’s professional sports organizations. The committee previously heard from three Ohio teams as well as the PGA tourask for mandates.
“If language relating to Ohio professional sports real estate is to be included in legislation that we wholeheartedly support, it does not seem advisable to only consider male sports organizations, especially given the oversized profile of WTA Tour events in the betting market . ”Ross wrote.
“Like our colleagues in professional sports in Ohio, we’re preoccupied with market dilution, licensing oversaturation, and the various challenges that come with it. However, the fact that there are 11 casinos and racinos and nine professional men’s sports organizations may seem too neat to address the 20 licenses available. “