GeoComply has highlighted the strong start of Ohio’s sports betting market. It was one the most active during its first weekend.
According to , the geolocation fraud and geolocation specialist, 11.3 million geolocation transactions were made in Buckeye State over the weekend of January 1, following the launch of regulated betting at the start of the year.
The 11.3m transactions were made from 784,000 accounts, spread across 17 operators. Even more geolocation transactions took place in the first hour of New Year’s Day.
Ohio’s activity during its first weekend placed it ahead of New York, which was one of America’s largest sports betting markets. It had 9.3m transactions in the same time period.
On the weekend, Pennsylvania, which is a more well-established state, was ahead of Buckeye State with 8.2m geolocation transactions. Michigan had 5.8m transactions.
“We are delighted to welcome another state in the regulated online betting sector,” said Lindsay Slader SVP Compliance, GeoComply.
The Buckeye State residents were enthusiastically welcoming the new market when the calendar switched to 2023, as expected.
Today, online betting is available to approximately 44 percent of Americans with responsible and legal operators. Ohio’s legalization of online betting on sports will help protect citizens. It also includes a greater commitment to responsible gambling, and increased funding for state programs.
GeoComply data showed that Cincinnati, Ohio was the most populated city for geolocation transactions in Ohio during legalized sports betting’s first weekend. There were 1,898,000 transactions.
Cincinnati followed with 1,033,000 transactions. Cleveland had 772,000 transactions and Toledo had 69,000.
GeoComply data last month revealed that the World Cup Final had been the second-most popular sport match in 2022, after only the NFL Super Bowl.
The victory of Argentina over France at the World Cup Final attracted 7.9 million geolocation checks from the US. This puts it ahead of Super Bowl (23m), but before the NBA Finals (5m), the NCAA March Madness final (4m) and the NHL Stanley Cup finale (1.9m) for transactions.