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The bill also allows for betting kiosks in bars and nightclubs that serve hard liquor. Betting will be limited to point spreads, total points scored in a game and money lines, which is an odds-based bet on which team will win.
The Ohio Casino Control Commission will begin accepting applications for sports betting licenses on Jan. Under the college athlete compensation bill, universities or college athletic conferences would be prevented from punishing athletes if they are compensated based on their sports performance.
The legislation was approved unanimously. Such compensation could involve anything from a book-signing at a bookstore to a deal with a local restaurant. Exceptions include sponsorships for marijuana, alcohol, tobacco and casinos, which are not permitted under the bill, according to bill sponsor Sen.
Niraj Antani, a Dayton-area Republican. Athletes would have to notify universities 15 days ahead of signing endorsement contracts. The Senate Workforce and Higher Education Committee approved the bill Tuesday, the same day Ohio State University football coach Ryan Day testified that quick passage was needed to ensure other states with similar legislation would not put Ohio schools at a recruiting disadvantage. Since , at least 16 states — including Arizona, Nebraska, and Michigan — have approved legislation allowing college athletes to make money through advertisements, sponsorship deals and other types of promotions based on their athletic success.
Sports Betting Timeline In Ohio October 20, — Fubo and the Cleveland Cavaliers had a deal for them to be the Cavs online betting partner but Fubo announced they are shutting down the sportsbook aspect of the business. Jan 27, — Ohio has announced their official sports betting rules and regulations, which they will be fulfilling in the leadup to their official launch.
Dec 22, — Ohio Gov. Sep 24, — The House and Senate have differing ideas of sports betting. Both bills would regulate sports betting. SB just got its first hearing. Feb 9, — Ohio Rep. Dec 19, — State Sen.
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