HomeOhio Sports Betting NewsOhio Lottery Sports Betting Kiosks Show June Decline

Ohio Lottery Sports Betting Kiosks Show June Decline

The Ohio Lottery’s data shows that the total handle for sports betting in June 2023 through the 939 lottery kiosks was over $954,804. 

Image: IMAGO / ZUMA Wire

This shows a slight decrease from May’s handle of $1.2 million and marks the first time in three consecutive months that the handle was less than $1 million.

The gross gaming revenue for the Ohio Lottery generated by June’s handle was $38,811, with a hold rate of 4% for the month. The revenue resulted in almost $5,350 in tax money for the state. 

Although much lower than online sportsbooks in Ohio, the lottery kiosk companies and the 939 hosts shared $33,461 in revenue in June, which amounts to an average of roughly $280 in income earned per betting kiosk.

How the Five Kiosk Operators Fared in June

Sports Bet Ohio

During June, Sports Bet Ohio experienced a high volume of wagers, with a total of $438,295 processed through its 733 host locations. With a win rate of 1.2%, the company earned $5,693 in Gross Gaming Revenue (GGR). The proprietors received a share of $3,843, meaning each host earned approximately $5.24 for the month. 

Unfortunately, there were $4,625 in voided wagers, but the state still received $1,850 in taxes.

UBetOhio

Through its 43 sports betting kiosks, UBetOhio processed $177,344 in sports wagers, earning $20,201 in Gross Gaming Revenue (GGR). The win rate was 11.5%, which resulted in each of the 43 UBetOhio hosts making $421 from their $18,181 share. The state collected $2,020 in taxes.

Unfortunately, UBetOhio had to void $1114 in wagers, which was the highest amount since its establishment six months ago.

Gold Rush Gaming

In June, Gold Rush Gaming had a total of $132,397 in wagers processed through its 74 host locations in Ohio. The company earned $7,678 in revenue, with each proprietor receiving a share of $6,991 after taxes. As a result, each host earned approximately $94.47 for hosting a Gold Rush Gaming sports betting kiosk.

However, there were $665 in voided wagers, which was the highest number since January. The state received $777 in tax dollars.

BetSkybox

BetSkybox processed $85,096 in wagers through its 40 host locations in June. Unfortunately, the company experienced a net loss of $1,886, resulting in no earnings for its 40 hosts. 

Despite having just $105 in voided wagers, BetSkybox will not be subject to any state taxes due to its losing month.

BetIGG

BetIGG’s 49 hosts earned a total of $7,035 in revenue from Buckeye State bettors, who wagered $76,672. This resulted in a 9.2% win rate, with each of the 49 hosts receiving approximately $122 for their efforts.

Additionally, BetIGG has achieved its fifth consecutive month without voided wagers and paid $704 in taxes to the state.

Conclusion

The June 2023 results show a slight dip in performance for Ohio sports betting kiosks after several months of over $1 million in handle.

While major online sportsbooks generate the bulk of wagering activity and revenue, the kiosks provide an important localized betting option.

As the kiosk program matures, month-to-month fluctuations in handle and income for the self-serve terminals are to be expected. But the first few months indicate consistent demand for this new Ohio Lottery sports betting channel.

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