Bet365 cracked the top three operators with $45.6 million in online sports betting handle for the month. No other operator in the state crossed $50 million in online sports betting handle in October. However, if you include FanDuel’s $481,660 in retail handle, it pushes the operator’s total October handle to over $259 million.įanDuel also notched the highest online sports betting taxable revenue total for the month, reporting $30.9 million compared with DraftKings $28.6 million. Operators spent $38.6 million on promotions for the month, a decline of nearly $14 million from September’s total.ĭraftKings slightly edged FanDuel in terms of online handle, as the sports betting operator reported $258.7 million in total online handle compared with FanDuel’s $258.6 million total. Promotional spending among the online sports betting operators dropped in October as operators tightened their spending for the second month of the NFL season. Ohio reported $16,115,444 in sports betting tax revenue for October, a slight decrease from September’s $16,353,567 in sports betting tax revenue. Online sports betting accounted for $724.14 million of the state’s total handle for the month. However, total taxable revenue was down for the month, with the state reporting $80,577,223 compared with September’s $81,767,838 in taxable revenue. The Ohio Casino Control Commission reported $746,298,634 in total Ohio sports betting handle for the month, an increase of nearly $56 million in total handle when compared to September. Ohio notched another successful sports betting month in October, despite tax revenue being slightly down when compared with September.

The state took in more than $16 million in sports betting taxes for the month.

Taxable revenue came in at $80.5 million.

The Ohio Casino Control Commission reported $746.29 million in total sports betting handle for October.

Mandatory Credit: Jessica Rapfogel-USA TODAY Sports Baltimore, Maryland, USA Cleveland Browns offensive tackle James Hudson III (66) celebrates a first down against the Baltimore Ravens during the second half at M&T Bank Stadium.

Revenue from taxing gambling in alabama