While wagers were up compared to Aug. 2023, Ohio's online and retail sports betting operators produced their lowest hold since March.
While wagers were up compared to last year, the Buckeye State’s online and retail sports betting operators produced their lowest hold since March.
Online sports betting accounted for $534.9 million of the total handle. Retail sportsbooks at casinos, racinos, and kiosks flourished with a combined 15.9% hold on a $13 million handle. The 2024 handle of $5.1 billion is up 13% from the $4.5 billion generated in the first eight months of 2023. August marked the seventh handle of over $500 million this year, with July being the only month under that figure.
Thanks to a double-digit hold, FanDuel took home the top revenue honor with $16.9 million, about $220,000 more than DraftKings. FanDuel generated $165.7 million in wagers to finish with the second-highest handle.
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