HomeOhio Sports Betting NewsWhat Does Legalized Sports Betting in Kentucky Mean for Ohio?

What Does Legalized Sports Betting in Kentucky Mean for Ohio?

Kentucky Gov. Andy Beshear signed HB 551 into law Friday, making sports betting legal in the Bluegrass State. Betting on sports won’t be available online until at least the end of 2023, but brick-and-mortar shops could accept wagers as soon as Labor Day.

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The law won’t go into effect until June 28, and they still have a long way to go, but should Ohio bookmaking companies be concerned about their future revenue once betting goes live?

Basketball and Horse Racing Kings in Kentucky

Kentucky residents can legally bet on their favorite teams at legendary venues like Churchill Downs. They won’t have to travel into Indiana and Ohio to get a bet down on the Kentucky Wildcats or the Cincinnati Bengals.

The ability for Kentuckians to wager legally on sports will hurt the Ohio sportsbooks in the same way legalized Ohio has pulled from some of the Indiana sportsbooks’ revenue.

Kentucky Residents Big Business in Ohio

Cincinnati is the top sports betting city in Ohio due in no small part to Kentucky residents crossing the Ohio border to place bets on the Cincinnati Bengals.

GeoComply, a location tracking company tasked with ensuring bettors are within the Buckeye State when making bets, recorded 2040 unique accounts from Kentucky residents crossing the border 7,700 times in January.

Kentucky legalizing sports betting will certainly hurt the Ohio numbers in the short term. Still, the Buckeye State could see a boost once Bluegrass State bettors run out of the free promotions the bookies will offer Kentuckians and begin chasing bonuses from Ohio sports betting companies.

Ohio sportsbook offers


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Caesars Second Chance Bet Up To $1000
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Bet365 Bet $5 Get $150 in Bonus Bets
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Betway Bet $20 Get $40 in Bonus Bets
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