Ohio sports betting launch is drawing nearer. According to a new study, the state will likely become a leading sports betting destination following the market’s launch next year. 

The study stated that having numerous licensed operators will create a competitive market.

Last December, Ohio legalized its sports betting market. The state is expected to launch its sports betting market no later than January 1, 2023. According to a new study, it won’t be long before Ohio bettors propel the state to the forefront of the sports betting industry.

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Ohio has the state with the most sports betting opportunities

The long-awaited launch of Ohio sports betting market is anticipated to offer numerous advantages to sports fans. With more than two dozen licensed operators, the market will be competitive. 

Nonetheless, with a population of nearly 12 million, Ohio’s sports betting market has high expectations. Now, a newly released study by BonusFinder predicts that the state will be the most popular for sports betting in 2023.

Ohio Will Likely Hold the Top Spot at Sports Betting 

The research indicates that Ohio’s sports fans are passionate. This is bolstered by Ohio’s two NFL franchises, the Cincinnati Bengals and Cleveland Browns, and the Columbus Blue Jackets of the NHL. 

In addition, the state is home to the Cincinnati Reds, the Cleveland Guardians, and the Cleveland Cavaliers, who will hopefully reach the NBA playoffs.

New research indicates that the Ohio sports betting sector will likely hold the top spot in the 2023 Sportsbook Bonus Index, with a bonus index of 14.8. According to the study, the state ranks higher than Maryland and Massachusetts, which place second and third, respectively.

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Fintan Costello, the managing director of BonusFinder, stated that the popularity of sports betting in the United States has skyrocketed over the past five years. 

In anticipation of the upcoming market launch in Ohio, he predicted that the state’s leadership position in the sports betting vertical would be quickly cemented.

Over the past five years, US sports betting states have experienced explosive growth, but Ohio is about to burst onto the scene on New Year’s Day and provide consumers with the most attractive offerings in the country, according to the press release statement of the managing director of BonusFinder.com is Fintan Costello.

Offering More Competitive Bonuses and Rewards 

Costello explained that several major sports betting companies currently dominate the market. However, he noted that this is unlikely to be the case within the Ohio sports betting jurisdictions, given that 25 different brands will offer competitive bonuses and rewards to bettors. 

The managing director added that the launch of the Ohio sports betting market is perfectly timed, as it occurs prior to the Super Bowl.

The most recent study also acknowledges data from the state’s gambling regulator, the Ohio Casino Control and Lottery Commission, which indicates that the state’s eleven racinos and casinos generated $188.6 million in September. The study added that this demonstrates a growing interest in gambling and betting in the state.

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