UPDATE: Ohio’s sports betting market has just recorded an astonishing $133 million in revenue for November 2025, marking a 35.5% increase from October. This surge is primarily fueled by online betting, with digital platforms dominating the landscape, leaving brick-and-mortar sportsbooks struggling to keep pace.
For the first time, bettors in Ohio wagered over $1.15 billion in a single month, smashing the previous record of $1.13 billion set in October. This explosive growth has solidified November as the second-highest month since the state legalized sports betting in January 2023.
Online giants like FanDuel and DraftKings continue to lead the charge, with FanDuel reporting $55.4 million in online revenue, while DraftKings followed closely with $39.3 million. In stark contrast, the retail sector only generated a meager $1.8 million, highlighting the growing preference for online wagering.
The spike in betting activity aligns with peak NFL and NBA seasons, alongside a hefty $33 million in promotional spending from operators. However, this rapid expansion has attracted regulatory scrutiny. Ohio Governor Mike DeWine has voiced concerns about aggressive marketing tactics and the integrity of the betting process, especially following investigations into suspicious betting activities involving players from the Cleveland Guardians.
In response to these issues, regulators have begun to impose restrictions on certain player prop bets and have cautioned operators against offering prediction-market style contracts. As the landscape evolves, operators are preparing for changes to tax regulations concerning promotional credits, which will become partially deductible starting in 2027 and increase to 20% by 2032. This adjustment is expected to favor the larger, well-capitalized operators, further entrenching their dominance in the market.
Looking ahead, December promises to maintain this elevated activity, especially with NFL playoffs and college football bowl games on the horizon. As Ohio continues to emerge as one of the fastest-growing betting markets in the United States, the implications for the industry and its stakeholders are significant.
This developing story will be closely monitored as more updates unfold. Stay tuned for the latest developments in Ohio’s dynamic sports betting scene.
