More Than $1 Million Wagered At Ohio Sports Betting Kiosks In January

Written By TJ McBride on February 26, 2024
Screen of a sports betting kiosk for story on ohio sports betting kiosks topping $1 million in january 2024 handle

Ohio sports betting is not limited to just retail and online sportsbooks. Across the state, there are 848 sports betting kiosks housed within bars, restaurants and other establishments — including the recent additions inside Kroger supermarkets.

The kiosks are distinctly different in many ways from traditional sports betting. While convenient, players are limited to $700 in bets each week. No prop bets or live bets are allowed. Wagers are limited to moneyline, spreads and over/unders.

In January, kiosks took in nearly $1.2 million in wagers. That led to $952,288 in winnings being paid out to bettors. Operators generated $212,879 in gross gaming revenue in the first month of 2024, an 18.27% hold percentage.

January handle was 37.2% better than January 2023, which was the first month of sports betting kiosk operation in Ohio. It was 3.8% lower than December 2023.

Bettors have won nearly $7M from kiosks in FY 2023

There are five operators of Ohio sports betting kiosks in Ohio, but one of those five – Gold Rush Sports Betting – has removed all of its machines. It still has unclaimed funds, so for now, it is included in the revenue report released by the Ohio Lottery.

Without a doubt, Sports Bet Ohio is the most popular operator in the state. The $603,120 in total bets taken in January led all operators and represented 51.7% of the statewide handle. Its bettors took home $482,491 in winnings, which left $120,165 in gross gaming revenue (GGR). Both amounts led the state. Sports Bet Ohio operates 733 kiosk locations, 84.3% of all host locations across the state.

The silver medal goes to UBet Ohio, which took in $297,064 from wagers in January. That led to bettors walking away with $248,975 in winnings, leaving $47,729 of revenue for UBet from its 56 host locations.

In third place was BetSkybox with $245,153. Bettors won $214,608 from that, which left $30,530 of GGR accumulated from its 57 host locations.

The fourth operational sports betting kiosk company is BetIGG, but its impact is marginal. It took in just $20,669 in wagers, but it enjoyed a nearly 70% hold, which led to $14,445 of GGR. Bettors took home just $6,214 in winnings. BetIGG currently operates kiosks at just two locations despite having 48 as recently as last July.

Nearly $8 million in wagers have been made at Ohio kiosks in Fiscal Year 2023, which began in July. Those bets resulted in a hold percentage of 11.2% for operators, so bettors have won nearly $7 million. Operators have taken home $866,707 in revenue after accounting $15,628 in voids and $14,491 in negative carryover.

January taxes from kiosks close to $50K

January sports betting kiosk wagers generated $48,325 of tax dollars for the Buckeye State. It was 53.5% better month over month and 70.3% better year over year. January’s tax revenue from kiosks was the highest single month total since sports betting launched a year ago.

Sports Bet Ohio paid $39,054 to the state in January. That accounted for over 80% of the total taxes paid from sports betting kiosks. UBet Ohio paid $4,773 in taxes, while BetSkybox paid $3,053 in January. BetIGG paid $1,446.

After adding in January’s tax contributions from kiosk wagers, the FY 2023 total is up to $211,345.

Photo by AP Photo/Andrew Harnik
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TJ McBride

T.J. McBride is a Denver-based writer and reporter who covers sports betting for PlayOhio. His work has been featured on ESPN, CBS Sports, FiveThirtyEight, Bleacher Report and Yahoo Sports, among others.

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