Ohio Sportsbooks Top $1 Billion In 2025 Revenue [Yahoo! Finance]
DraftKings Inc. - Class A (DKNG)
Company Research
Source: Yahoo! Finance
sportsbooks capped a strong third year of operations by surpassing $1 billion in annual winnings. All but $78,500 of that revenue total came from retail and mobile sportsbooks, as there are only 52 sports betting kiosks currently conducting business in the state. December's haul was the second-highest in state history, trailing only the $209.1 million posted during the launch month of January 2023. Revenue was more than double the final month of 2024 as the collective 14.5% hold was up nearly 8.6 percentage points. Sportsbooks got a late boost to their bottom line when No. 2 seed Ohio State lost in the College Football Playoff quarterfinals to No. 10 Miami in the Cotton Bowl on New Year's Eve. Handle was practically flat compared to December 2024 as the $954.8 million worth of accepted wagers was down 1%. The $10.3 billion handle reported for 2025, though was up 15.9% versus the previous year and an increase of more than $1.4 billion. Revenue lagged slightly behind as the $1.04
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