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.
![Ohio](https://igamingbusiness.com/img-srv/KTGfa5tvuC9Zzkxwfzpxq-hgXZmawgK7ZFKMG0sl1cA/resizing_type:auto/width:0/height:0/gravity:sm/enlarge:1/ext:webp/strip_metadata:1/quality:90/bG9jYWw6Ly8vaWdhbWluZ2J1c2luZXNzLmNvbS93cC1jb250ZW50L3VwbG9hZHMvMjAyMy8wNy9wZXhlbHMtYmVuamFtaW4tbGVobWFuLTE0MzYxMjgtc2NhbGVkLmpwZw.webp)
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.