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Type B licenses will allow “sports gaming facilities” to engage in the business of sports betting. SB 176 authorizes the Commission to issue only 25 Type A licenses. Further, SB 176 requires that the servers responsible for accepting wagers must be physically located in Ohio. Websites and mobile apps used to accept bets must use location-tracking technology to confirm that participants are physically located in Ohio at the time of placing a bet-accepting online bets from individuals located outside of Ohio is not allowed, even if the individual is an Ohio resident. These sports gaming agents may also sub-contract with no more than two mobile management services providers, such as DraftKings or FanDuel. Type A licenses will allow online betting through a website or mobile application.
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As was the case with the medical marijuana license application process, the earliest and best prepared have the best chance of securing a license. As such, competition to obtain these first-come, first-serve sports gaming licenses will no doubt be intense, and the license quota will fill up rapidly. SB 176 limits the number of each type of license that the Commission may issue, with no language in the current draft providing for any additional licenses in the future. The current version of SB 176 authorizes the Commission to license and regulate so-called “sports gaming agents” by issuing three types of “sports gaming proprietor licenses”: Type A for online/mobile wagering Type B for wagering at brick-and-mortar locations and Type C for self-service gaming terminals located in Commission-licensed, D-class liquor permit locations. Only thoroughly vetted businesses that have been issued a special license by the state may engage in the business of accepting wagers on sporting events.
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The bill would allow the use of any system or method of wagering approved by the Ohio Casino Control Commission (the “Commission”) for betting on both professional and collegiate sports, including Esports. SB 176 seeks to create a regulated system for “sports gaming,” similar to Ohio’s legal structures for medical marijuana and alcoholic beverages.
The next step for the bill will be a vote in the Ohio House of Representatives, where it must also obtain a simple majority before advancing to Governor Mike DeWine for signing.
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On June 16, 2021, the legislation was approved by a unanimous vote of the Senate Select Committee on Gaming, as well as by a 30-2 vote in the full Senate.
On May 6, 2021, the Ohio legislature introduced SB 176, a bill to legalize and regulate sports betting. Supreme Court overturned a federal ban on online sports betting in 2018, Ohio is on the verge of joining over two dozen states that have already entered this flourishing industry. Service vendor’s licenseįor companies that provide services such as automatic data processing, computer services, electronic information services, telecommunications services, landscaping and lawn care service, private investigation and security services, information services, exterminating services, building maintenance and janitorial services, employment services, employment placement services satellite broadcasting services, and snow removal services, the Department of Taxation issues a Service vendor’s license.įor more information review the Ohio Department of Taxation’s frequently asked questions.After the U.S. This license is issued by the Department of Taxation for businesses that transport stocks of goods to temporary places of business or exhibits when the business has no fixed place of business for the sale or lease of motor vehicles.
The Department of Taxation issues this license to vendors who make sales based on delivery of tangible personal property and certain services at the consumer’s location. When dealing with the sale of tangible personal property and certain services, a business must have one regular vendor’s license for each fixed sales location. The County Auditor issues these when vendors have a fixed place of business. The following is a summary each license: Regular vendor’s license There are different types of vendor licenses. An Ohio vendor’s license is required to pay sales tax on taxable transactions in the State of Ohio.
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