Cleveland Browns sports betting partnership with Bally for legal gambling
With sports betting now legal in 30 states, Ohio sports fans are eagerly waiting for the legislation on betting in their state. Although fantasy sports and gambling at racetracks are already legal in Ohio, online sports betting in Ohio is yet to be launched.
However, it is expected that by January 1, 2023, sports betting will be legal in Ohio. This is because of an amended HB-29 passed by both legislative chambers in December, then signed by Gov. Mike DeWine. As a result of this bill, The Ohio Casino Control Commission is now in charge of developing the rules that will govern the new gambling market.
Who Can Get the Betting Licenses?
Casinos and sports teams will all be preferred for mobile sports betting licenses. Initially, they will all receive one license, with the possibility of a second if the applicant can demonstrate how it will benefit Ohio financially. Additionally, the bill also calls for the conversion of lottery kiosks to limit sports betting in convenience stores, bars, and restaurants.
To be fair, legal sports betting in Ohio was on the verge of becoming a reality in 2020, with bill sponsors from the House and Senate meeting to reach an agreement. However, the Senate proposed far too many changes, and there was far too little time to complete the work. Another attempt made in the summer of 2021 with bill SB176 also failed.
Ohio Sports Betting Timeline
Here’s what we can tell you so far about Sports Betting in Ohio :
- April 26, 2022 – The Cleveland Browns announced a partnership with Bally Bet Ohio to become the team’s official sports betting partner.
- April 20, 2022 – According to a Casino Control Commission spokesperson, sportsbook operators may see Ohio applications in the coming days. However, for the time being, the applications are only for stakeholder feedback because all rules must be approved before applications can be accepted.
- April 14, 2022 – The Cleveland Cavaliers have one more chance to make the NBA Playoffs if they defeat the Atlanta Hawks in Friday night’s final Eastern Conference play-in game. However, bettors will have to travel out of state to legally place their wagers, as Ohio continues its slow march toward legalizing sports betting.
- April 6, 2022 – JACK Entertainment launched its free-to-play betJACK app on April 6, 2022, teaching players about sports betting while placing wagers with free tokens.
- March 28, 2022 – The rule-making process continues, with new rules proposed on retail and mobile licensing. Procedures are open for public comment until April 8.
- March 14, 2022 – The Casino Control Commission released the fourth batch of rules on license-specific proprietor duties, for the second round of public comments.
- March 1, 2022 – The second round of public comment on Type C lottery license rules and the state’s responsible gambling programs is now open through March 11.
- February 17, 2022 – Since the Cincinnati Bengals lost to the Los Angeles Rams in Super Bowl LVI, the state of Ohio is likely to have lost a significant amount on sports betting taxes. A direct result of losing money line bets. Instead, the money went to Ohio’s four border states that have legalized gambling or to illegal offshore operators.
- February 8, 2022 – Fubo Gaming will become an official mobile sports betting partner of the Cleveland Cavaliers. The agreement calls for the creation of a 3,000-square-foot sports lounge at Rocket Mortgage FieldHouse.
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Cleveland Browns sports betting partnership
Bill HB-29 allows for up to 25 Ohio sportsbooks to open immediately, and casinos and sports teams that already have one of those licenses can also apply for a second one. The Cleveland Browns started their partnership with Bally Bet Ohio, so we can assume that Bally Bet will offer special rewards at their local sports betting location and the app. Also, we don’t know which operators will be available in Ohio so far, but some sportsbooks appear to be more likely than others. Here are a few of the most likely ones:
- Barstool Sportsbook
- Hard Rock
Other Possible Sportsbooks
The state of Ohio’s sports betting law allows for the launch of at least 25 sportsbook apps. Twenty-one of those 25 will be distributed to the state’s ten sports teams and eleven casino locations. So, this means that other operators coming to Ohio, possibly include:
- Bally Bet
- Fox Bet
- Golden Nugget
A number of sportsbooks are forming official alliances with sports teams and leagues. Indeed, sports betting partnerships have grown in importance as a source of revenue for teams and a means of assisting sportsbooks with customer acquisition. Hence, these formal relationships frequently result in special promotions and odds boosts for the sports bettor. Here is a list of Ohio’s sports betting partners:
- Cleveland Cavaliers (NBA)
- Cleveland Browns (NFL)
- Cincinnati Bengals (NFL)
- Cleveland Indians (MLB)
- Cincinnati Reds (MLB)
- Columbus Blue Jackets (NHL)
- FC Cincinnati (MLS)
- Columbus Crew (MLS)
Overall, with the legalization of sports betting, you will have tons of sports betting options and trusted sportsbooks you can choose to place bets with. All in all, making it a rewarding experience for you, the bettor.