Ohio online handle hits $320m in July as DraftKings trumps FanDuel
US market leader beaten in handle running for first time since regulated launch in January
DraftKings overtook its sportsbook rival FanDuel in Ohio for the first time in July as Buckeye State online handle hit $319.6m in the month, according to latest data from the Ohio Casino Control Commission (OCCC).
Taxable revenue from the online sportsbook market reached $35.9m in the month, beating the $33m reported in June.
Boston-headquartered DraftKings racked up $116.1m in handle during July, beating FanDuel’s total handle of $106.7m and knocking the US market leader off the Ohio summit for the first time since the launch of the state’s regulated market in January 2023.
Despite being beaten in the handle stakes, FanDuel generated more revenue than its rival, posting $14m to DraftKings’ $11.8m in July.
Building on its continued progress in the Buckeye State, bet365 cemented its bronze medal position in July, accepting $23.5m in online bets during July and generating $2.8m in revenue over the month.
The Stoke-On-Trent-headquartered firm surpassed perennial bronze medal operator BetMGM, which reported $22.9m in handle and $2.7m in revenue during July.
Caesars Sportsbook rounded out the top five-performing operators in the state during July, accounting for $17.7m in handle and $1.2m in revenue, respectively, over the month.
The OCCC reported a combined handle across both retail and online sportsbooks of $331m, with taxable revenue of $37m generated in July.
As it has done in previous months, handle and revenue from the retail market played second fiddle to the online sector, with retail operators reporting a total handle of just $11.5m and a revenue figure of $1.2m in July.
The BetMGM retail sportsbook at MGM Northfield Park reported the largest handle of the state’s 14 operators, racking up $2.9m in handle and $377,314 in revenue over July.
Second place in Ohio’s retail market was taken by the Hard Rock Cincinnati sportsbook, which took $1.6m in handle and $207,646 in revenue in July.
The Barstool Sportsbook at the Hollywood Casino Columbus took $1.4m in handle and generated $172,072 in revenue, just ahead of the Caesars Sportsbook at the Rocket Mortgage FieldHouse with just over $1m in handle and $0 taxable revenue for the month.
Total taxable revenue across both retail and online has not hit the heights of January this year, when the state launched its regulated market, taking $209.6m in revenue.