Ohio Revives HB 298 with iGaming License Limits and Redeemable Promotions for Land-Based Sites

Ohio Rep. Brian Stewart is seeking to revive House Bill 298 in the new legislative session. The legislation would restrict iGaming licenses to the state’s 11 casinos and racinos. It would require operators to make promotional credits for online play redeemable exclusively at brick-and-mortar properties.

The state’s casino industry employs roughly 20,000 people. Stewart’s approach seeks to prevent online casino gaming from eroding traffic and revenue at these physical venues. It draws directly from Ohio’s sports betting launch in January 2023, when FanDuel and DraftKings deployed heavy promotional spending to gain market share.

According to reporting by Yogonet International, Stewart has cited estimates that regulated online casino gaming could generate up to $400 million annually. This potential revenue is under discussion as Republican lawmakers weigh reductions or elimination of the state income tax.

Steering Online Activity Toward Physical Venues

The bill confines market access to existing gaming properties to limit competitive imbalance. Ohio borders Michigan, Pennsylvania and West Virginia, all of which already permit online casino gaming. Only eight U.S. states currently allow iGaming.

Outlook Under Next Governor

Gov. Mike DeWine opposes further gambling expansion and is due to leave office in January. Democratic gubernatorial candidate Amy Acton has indicated support for iGaming with safeguards. Republican candidate Vivek Ramaswamy has not taken a firm position.

Stewart could pursue legislative action before the current session ends or reintroduce the measure afterward. The proposal arrives as authorities step up enforcement against illegal casinos and unlicensed operations while regulators weigh limits on credit card-funded sports betting deposits. Lawmakers are also examining Senate Bill 430 on licensing and taxation for prediction market operators offering sports event contracts.

Reporting: Yogonet International

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