The Ohio Lawmakers may soon discuss a bill to legalize sports betting. A bill to legalize sports betting has been presented in the Ohio House.
Dave Greenspan a Democratic-republican representative from Westlake, has proposed a bill that seeks legalization of sports betting in the state. The proposal also calls for creating a separate Sports Gaming Advisory Board. The board would have the responsibility of regulating and formulating laws for sports betting in Ohio.
In a release to the press on Tuesday, Greenspan said that the new bill had been introduced following the Supreme Court’s decision to allow states to legalize sports betting in their jurisdictions. He is a supporter of legalizing both betting on pro tournaments as well as college level games.
The bill also makes provision for the Ohio Lottery Commission to manage and regulate the sports betting working in terms with the proposed Sports Gaming Advisory Board. The bill proposes that the Lottery commission would work on the advisory and recommendation of the advisory board.
According to the bill introduced to the house, the operators offering online sports betting should also pay a 10 percent tax on the revenue generated.
Representative Greenspan opines that the new bill would generate tax revenue for the state and would also help in limiting problem gambling issues.