Flutter Entertainment-owned FanDuel remained the frontrunner in the Ohio sports betting market in August – a month in which the Buckeye State saw revenue drop to a calendar year-low According to the Ohio Casino Control Commission report that dropped on Tuesday (1 October), total player spend in Ohio for August was $547.9m (£417.6m/€496.2m). This is
Flutter Entertainment-owned FanDuel remained the frontrunner within the Ohio sports making a bet market in August – a month all thru which the Buckeye Train seen income fall to a calendar year-low
Per the Ohio Casino Alter Commission file that dropped on Tuesday (1 October), total participant spend in Ohio for August became $547.9m (£417.6m/€496.2m). Right here is 44.6% earlier than last year and 14.9% more than July of this year.
Buyers wagered $539.9m on sports on-line all thru the month, whereas a further $13.0m became bet at retail sportsbooks.
In phrases of taxable income, this amounted to $48.8m, the bottom monthly total up to now for 2024. The August resolve became 19.6% more than the same month last year nevertheless 8.8% within the attend of July’s $55.3m haul.
On-line sports making a bet generated $46.6m in income, whereas retail sportsbooks contributed $2.0m to the monthly total. Total taxable income for the year-to-date in Ohio stands at $541.5m.
As for protect, this hit 8.91% for the issue as a whole in August. On-line protect became 8.63%, with retail at 15.38%.
DraftKings runs FanDuel conclude in Ohio
Taking a look now to particular particular person operators, the two-system fight between FanDuel and DraftKings persisted in August.
FanDuel barely retained the lead within the on-line sector, posting $16.9m in taxable income for the month. This came off a $165.7m tackle, ensuing in a 10.20% protect.
DraftKings became handiest marginally within the attend of on $16.7m in on-line income, despite a increased tackle of $178.8m. The operator had a 9.34% protect.
In other places, Bet365 generated $4.0m in income from $59.4m in bets for a 6.73% on-line protect. BetMGM took $2.3m from $38.2m tackle, leaving a 6.02% protect, and ESPN Bet took in $1.9m off $19.7m for a 9.64% protect.
As for the Ohio retail market, Hollywood Gaming at Dayton Raceway claimed top space with $377,810 from a $1.4m tackle. This left a protect of 27.4%. Seminole Laborious Rock Digital became now not a long way within the attend of on $363,549 from $1.9m, ensuing in a 19.3% protect.
Ohio bettors might per chance presumably well presumably also exhaust wagering kiosks, which can presumably well presumably be overseen by the Ohio Lottery. Those figures were released in mid-August and confirmed that there are 761 kiosks accessible, down from 764 in July. Bettors placed $806,100 rate of wagers.
Source: iGamingBusiness
