Cincinnati is the first pro team to apply for a sports betting license

Cincinnati is the first pro team to apply for a sports betting license

Three more entities have applied for sports betting licenses in Ohio. The first professional sports team in the state is one of the applicants.

The Cincinnati Bengals applied on Friday to serve as an online sports betting proprietor. The state legislature passed a law late last year that allows professional sports teams to apply for a license. The Mid-Ohio Sports Car Course, which hosts a NASCAR race, is also eligible to apply, as are the state’s four casinos and seven racinos.

All of those entities can apply for online and in-person sports betting licenses.

The application for a type B was not filed on Friday. Since they already have an established business in the state, they don’t need to apply for an in-person sportsbook license.

The universal launch date for all operators in Ohio is January 1, which is near the end of the regular season in the National Football League.

Ohio has a term for an online sports betting operator called a mobile management service provider. Once the proprietor and partnering provider submit their applications, partnership information will be announced by the commission.

Three other entities have applied to host an online sports betting operator. The sports and entertainment district near the Pro Football Hall of Fame in Canton is operated by JACK Cleveland Casino, JACK Thistledown Racino, and HOF Village Newco. Three people are applying to host a retail sportsbook as well.

On Friday, both FanDuel and Fanatics applied to run a retail sportsbook for a proprietor, as well as being an MMSP and a management services provider. Both FanDuel and Fanatics did not have a partner listed by the OCCC.

One of the top two national sports betting operators in the US market are DraftKings and FanDuel. In 17 US states, the Flutter Entertainment brand operates in-person retail and online sportsbooks.

After signaling its intentions to get into sports betting last year, the online sports mega-retailer is now starting to get into the market. The company got approval for a license in Maryland late last month.

There are six applicants for the MMSP. PointsBet, DraftKings, and Barstool are also included. BetMGM and JACK Cleveland Casino joined the list of applicants for an MSP license.

Lawmakers capped the number of online proprietors at 25, though it is possible more could be added if an economic analysis considers it favorable. The number of brick-and-mortar sportsbooks will be limited.

Ohio has a sports betting law that allows for kiosks to be set up in certain bars. Elys Gameboard Technologies has applied to offer kiosks.

The state will not accept applications from eligible bars until next Friday, and those establishments that submit their paperwork by August 15 will be able to offer sports betting on January 1.

The lottery will recommend to the OCCC which hosts to issue licenses to. The recommendation is just one part of the application process and does not ensure licensure according to the OLC website.

Kiosk providers can enter into partnerships with establishments once they receive licenses to host kiosks.