Hardware

Ohio Lottery loses money on sports betting kiosks

Image: iStock

February 14, 2024

Sports betting kiosks are not the golden goose some Ohioans expected, according to a 10tv.com report.

While the state issued sports betting licenses for more than 15,000 businesses, the Ohio Lottery, which governs sports betting kiosks at bars, restaurants and grocery stores, took in $303,589 against costs of $650,000 in 2023.

Where $7.6 billion was wagered on sports in the state, 97% came from online or app-based sports gaming businesses.

Where casinos and sportsbooks took in $933 million in sports betting revenue, the state took $935 million in taxable revenue.