GeoComply reveals potential Ohio Sports bed betting dollars leaving the state
The Ohio Senate Games Selection Committee held its final hearing on Wednesday. Now work begins again with preparing an Ohio sports betting bill.
Chairperson Kirk Schuring confirms that the next steps will result in an invoice introduced into April::
“I will work with each and every member to get their input and suggestions on how we can invoice. I will also be working very closely with our Senate President, Senator Matt Huffman.
“I would expect that a bill can be introduced in the next few weeks, sometime in April. From there, I would also expect this bill to be referred to that committee, and we will have further hearings at this point. “
The final hearing included only three personal witnesses and a number of written statements. This included some interesting data from the geolocation specialist GeoComply this was shown by the demand for OH sports betting.
Many leave Ohio for sports betting
The written certificate from the managing director of GeoComply Lindsay Slader focused on geolocation data from March 19-22. That four day window covered the beginning of this year NCAA March madness Competition.
The data showed 898.176 Transactions from 29.193 unique devices within 10 miles the Ohio border for the period. Slader said it was “easy to infer” that Ohio residents were traveling to border states, including:
Back up additional GeoComply data
It’s not the first time the committee has seen geolocation data. Dan Dodd Represent iDEA growth showed similar data from Super Bowl Sunday In the February 24th Listen. In one day there was 354.126 Transactions from 26,547 Devices in the same 10 mile window.
Four other organizations submitted a written testimony about OH sports betting on Wednesday:
- Conscious playwho talked about responsible gaming and mentioned their self-exclusion platform Break in play.
- Miami University of Ohiowhat his future suggested Institute for Responsible Gaming could help the state collect data on addiction.
- NASCARThis repeated calls from other teams and leagues to use official league data and obtain a license for a skin.
- National Council for Problem GamesThis required more research on problem gambling with a greater focus on sports betting and fantasy sports.
Equestrian representatives want revenue cuts
The only personal witnesses speaking about sports betting at the final hearing represented the state’s horse racing industry.
Renee Mancino of Ohio Harness Horsemen’s Association spoke for 25th Minutes and comprised eight pages of written testimony. Dave Basler of Benevolent and Protective Association of Ohio Riders then stepped forward to briefly summarize their stance:
“The example I like to give is that a guy is coming out with $ 100 in his pocket. He bets on the races, some revolve around it, you win some, you lose some. We receive 15% of it and distribute it evenly between the racetracks and the riders.
“Sports betting comes into play and horse racing doesn’t matter. Our first post time is 1:00 a.m. Kickoff of it [Cleveland] Brown’s game is 1 o’clock. Fifty dollars of that hundred goes to the Browns. There’s no churn, none of it goes to horse racing. Four o’clock, live races are over, the game is over, win or lose, horse races lose as a result of this proposal. “
The two demanded the existing share of sales – between 9% and 11% of the seven racinos of the state and 3% from the state’s four casinos – also for sports betting in OH.
Mancino’s statement also suggested that sports betting is already happening through horse racing in Ohio. That means that regulation should go to them Ohio State Racing Commissioneven though it is underfunded and understaffed, she admitted. Sports betting license fees and taxes could fund an expansion, Mancino suggested.