Legal Sports Betting Nfl Hall Of Fame

Legal Sports Betting NFL Hall of Fame Ohio

NFL’s Hall of Fame secures conditional approval for mobile and retail sports betting

In less than two months, sports bettors in Ohio will have access to legal sports betting as the Buckeye State begins its foray into that growing U.S. market, and that now includes the NFL’s Hall of Fame in Canton where that entity just won conditional approval for licenses has.

The company is called the Hall of Fame Resort & Entertainment Co (HOFV) and as we recently reported, they joined several applicants in seeking a license to operate a retail and mobile sportsbook and have since 10-year announced partnerships with Rush Street Interactive.

Michael Crawford, HOFV President and Chief Executive Officer, just told the media:

“The legalization of sports betting in Ohio opens up a wide range of opportunities across our company’s three business verticals and for our fans.”

This means professional football fans will soon be able to place bets while visiting the Hall of Fame’s multiple venues, including the exhibit museum where enshrined players’ busts are displayed, Tom Benson Hall of Fame Stadium and the nearby HOF Village.

Hall of Fame will also offer the area’s first dedicated sports microbetting

One of the exciting new trends in legal sports betting is called microbetting, which consists of bets on small portions of the game, such as bets on a specific field goal attempt or a final drive, and according to HOFV CEO Crawford, she will company access them and say:

“We will have the only physical sportsbook in Stark County and the first dedicated sports microbetting platform via the Betr mobile app, offering fans and guests a multitude of different and new ways to experience sports entertainment.”

This is a smart move given how successful the US legal sports betting market has become since the Supreme Court overturned PASPA in May 2018, allowing states to legalize, regulate and tax their own market, with more than thirty states already it does.

Ohio may be a little late to the party, but it won’t be much longer before residents can use the unregulated foreign sportsbooks and illegal local books they’ve been forced to use and start betting at the Hall of Fame, casinos, kiosks and mobile applications.

For anyone worried that Ohio might not launch on time, don’t be, because that would technically violate the law.

Legally, sports betting must begin in Ohio by January 1, 2023

A legally enforced launch deadline is literally written into Ohio’s sports betting legislation – HB29 – which states that if the market doesn’t start by January 1, 2023, heavy fines will be applied, so there’s a lot of pressure to make sure the market will be underway by the new year.

The state’s sports teams, racinos and casinos, and now the NFL’s Hall of Fame will offer retail and mobile betting options, giving residents an easy way to add excitement to the already exciting sports games they enjoy.

Ohio will join its neighbors in this new venture, as Michigan, Indiana, West Virginia and Pennsylvania have already launched their separate sports betting markets, all part of this multi-billion dollar industry that has only just begun to grow.

Related Posts