Oddin.gg Secures Ohio Sports Betting License

Oddin.gg announced earlier this month that it has secured a full three-year sports betting license in Ohio, bolstering its international blueprint as the esports betting solutions provider with the most licenses in North America.

Oddin.gg now holds U.S. licenses in Colorado, New Jersey, Ohio, and West Virginia

With this latest addition, Oddin.gg now holds four U.S. licenses — New Jersey, Colorado, West Virginia, and Ohio—and a total of five across North America, including Ontario, Canada.

According to the news release, the Ohio license is a strategic milestone for the esports odds feed, risk management, and iFrame solutions provider.

Moreover, the Buckeye State is set to become one of the most active betting markets in the American Midwest.

Latest projections from the Ohio Legislative Service Commission show Ohio’s sports gaming market reaching approximately $3.35 billion annually. By securing this license, Oddin.gg is well-positioned to support operators in tapping into this significant potential.

Additionally, obtaining the Ohio license also demonstrates Oddin.gg’s ability to meet the state’s comprehensive regulatory standards. That includes assessments of financial stability, operational integrity, and adherence to state laws.

However, this milestone also reinforces Oddin.gg’s reputation for compliance and reliability. The company will continue to enhance its capabilities to deliver full-service esports betting solutions to multiple markets.

Ohio imposes a 10% tax on sports betting revenue

Furthermore, Ohio’s sports betting legislation imposes a 10% tax on sports gaming receipts. Tax proceeds are allocated to fund public education and initiatives supporting veterans in the state.

Oddin.gg’s entry into Ohio reinforces its role as a leader in shaping the future of esports betting in the U.S. In fact, operators are offered a pathway to engage with a new generation of bettors in a secure way.

Vlastimil Venclik, CEO of Oddin.gg, said in the news release: “Securing a license from the Ohio Casino Control Commission is a significant step in our North American journey. Ohio is poised to become one of the most dynamic betting markets in the U.S. …. This approval is a true reflection of our commitment to integrity and excellence both in Ohio and beyond.

“However, this license isn’t just about expanding our reach; it’s about ensuring our partners have access to market-leading esports betting solutions that fully align with all local regulatory requirements. Ohio’s market is gearing up to be something special. … We’re excited to help operators tap into that potential. As esports betting continues to evolve, Oddin.gg is ready to provide the expertise, technology, and support.”

Of course, the company maximizes profitability for its partners by combining machine learning algorithms with advanced data science.

Oddin.gg powers solutions for Betway, Yolo Group, LOOT.BET, Aspire Global, Altenar, SOFTSWISS, and many other platform providers worldwide.