Ohio governor proposes doubling sports betting tax to 40%
Ohio Governor Mike DeWine proposed raising the state’s sports betting tax from 20% to 40% in the 2026-27 budget. He said the increase could raise $100 million to $130 million for a fund supporting professional sports facilities and youth sports, with allocations made by a group appointed by the governor and legislature if lawmakers approve the measure. Sports Betting Alliance president Jeremy Kudon warned that higher taxes could prompt operators to cut costs.
The proposal could increase operators’ tax burden and affect spending on areas such as sponsorships and marketing.