Ohio’s sports betting tax rate doubles to 20%
| By Marese O'Hagan
Ohio governor, Mike DeWine, has raised the state’s sports betting tax rate to 20% in his 2024-25 executive budget.
This means that all licensed sports betting operators in the state will have to pay double the initial agreed tax of 10% on sports betting revenue from 2024 onward.
DeWine is set to sign the raise into the budget this week.