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Tuesday 16 August 2022
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BetPARX Applies for Ohio Sports Betting License

BetPARX Applies for Ohio Sports Betting License

Ohio sports betting will start on January 1, 2023, and the Ohio Casino Control Commission has to draw up regulations for the new market. Ohio sports betting license applications had to be in by July 16, 2022, for sports betting operators who want to launch in January.

Operators have to partner with a Type-A sports betting license holder if they want to offer online sports betting. Many big sportsbook companies already have access to the market, and others are likely to have access in the near future.

betPARX partners with the Memorial Tournament 

Within the last year, betPARX Ohio formed partnerships with professional sports franchises and leagues to gain market access in Ohio. It has now partnered up with the Memorial Tournament and applied for a Type-A license which will allow betPARX to offer mobile sports betting throughout Ohio.

Memorial Tournament

The Memorial Tournament began as a way to give back to the state and community and draws thousands of fans, generating millions for deserving charities. Through the partnership with betPARX and the introduction of sports betting, the Memorial Tournament is likely to develop an even broader fan base and support for the years ahead.

The tournament is held annually at the Muirfield Village Golf Club in Dublin, Ohio and is one of the leading events on the PGA Tour. As Official Operating Operator for the PGA Tour, betPARX will offer comprehensive live golf betting opportunities, and its new app will make betting easier and faster.

Other partnerships

Some sports betting platforms had their applications in early. Penn National Gaming submitted an online sports betting provider application on June 30. It has four casinos in Ohio, and so it can partner its sportsbook, Barstool, with any of them. PointsBet also applied early and will probably partner up with one of Penn’s Hollywood casinos.

Another early applicant, DraftKings, hasn’t yet publicly announced a partnership with a Type-A license holder. BetMGM has market access through its MGM Northfield Casino. Bet365 and Betfred also submitted applications, and Bet365 will partner with the Cleveland Guardians while Betfred will partner with the Cincinnati Bengals. Jack Entertainment in Ohio, which has two casinos, also applied for a Type-A license, as did Hall of Fame Village.

Online sports betting

Once Ohio launches online sports betting in Ohio, bettors will quickly discover that they can take advantage of many bonuses and promotions.