The third hearing on the Ohio Sports Betting Bill brings further amendments
Ohio In sports betting, the first bettor after the last hearing may be set for SB 176.
The Senate Selection Committee on Gambling I heard statements from six parties on Wednesday that all support sports betting in Ohio but are suggesting 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 the passage. SB 176 was introduced on 12th of May.
First sports bettor in Ohio?
Residents Richard Pijper highlighted the third legislative hearing by explaining his desire for sports betting in Ohio and that he and his fiance were considering leaving the state because of legislature inaction.
Pijper said he was going to neighboring states to place legal bets. He believes the state lacks potential millions of dollars in revenue.
Pijper asked SB 176 to be a 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 will make a commitment that you can come into my office and yell at me if this is not done by June 30,” Antani replied. “I’ll invite you to place the first bet in Ohio.”
The desire to hold on to sports betting in Ohio
Several testimonials advocated linking OH sports betting with existing games. This is not the first time casinos have objected to the open market approach to proposed licensing of sports betting in Ohio.
Penn National Gaming SVP for Public Affairs Eric Schippers used Tennessee Action 24/7 Situation as a reason to bind 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. Aktion 24/7 won an injunction against TEL for failing to comply with due process on May 12th.
“The company had no incentive to comply with 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 even get penalized by regulators for a misstep, it has ramifications in all other jurisdictions where 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 sports betting.”
Cleaning up the Ohio Sports Betting Language
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 operators with the option of concluding sports betting contracts with multiple operators.
Still, Dodd offered some suggestions to clear up the language.
iDEA Growth proposed changes
Dodd proposed language changes to define how certain bets should be banned. He also suggests including a language for defining supplier licenses, in particular the model language provided by 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 final edition should contain 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 goals for a lottery sports betting component:
- Enable the lottery to offer a game that is attractive 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 by the “near universal support” from Ohio retailers. Last week several groups asked the committee for similar reflections.
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 watch full events,” said Herf.
Desire for professional sports justice
Tennis in the country Tournament Director Kyle Ross wrote language for professional sports licenses against current legislation.
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 where the licenses go to the men’s professional sports organizations. The committee previously had from three Ohio teams as well as from the PGA tourask for mandates.
“If the language of professional sports real estate in Ohio is to be included in legislation that we wholeheartedly support, it would seem ill advised 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 Ohio-based professional sports, we deal with market thinning, licensing oversaturation, and the various challenges that come with it. The fact that there are 11 casinos and racinos and nine professional men’s sports organizations seems to approach the 20 licenses available in a way that is perhaps too neat. “