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House and Senate reach agreement over Ohio sports betting bill

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Ohio’s state House and Senate have reached an agreement on the legalization of sports betting within the state, after a conference between both houses to approve a single sports betting bill. 

House Bill 29 passed by a margin of 72 votes to 13 after both chambers held a conference to discuss the bill.

The original version of the bill, alongside its Senate equivalent, Senate Bill 176, was first introduced in May. It was passed to Ohio’s finance committee before being approved by the Ohio Senate Gaming Committee in June. 

The original bill permitted up to 20 land-based and 20 online sports betting licenses to be issued, however the latest amendment has allowed the state to issue more licenses beyond that limit if there are enough satisfactory applicants. Other changes include reduced fees for retail licenses.

The Ohio sports betting market was originally scheduled to launch in January 2022, but the actual launch date has been pushed back to April. Potential licensees can begin the application process in January.

Operators will be able to apply for two types of licenses. Type A licenses permit vendors to offer online sports betting under one brand name each, and Type B licenses will allow sports gaming agents to offer sports betting at one retail facility.

Professional sports teams in the state will also be able to apply for retail licenses.