Ohio Economists Mixed On the Benefits, Downsides of Legalized Sports Betting

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Ohio Economists Mixed On the Benefits, Downsides of Legalized Sports Betting
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Ohio economists mixed on benefits, downsides of legalized sports betting in the state

Derek Longmeier, executive director of the Problem Gambling Network of Ohio, is seen testifying at the Senate Select Committee on Gaming in February 2021.In a

Such gambling has reportedly generated tens of millions of dollars in tax revenue in states that already have legalized it. But some of the Ohio economists who were surveyed warned that there will be downsides. One economist said he’d have to know more before he could decide whether legal sports betting is good for Ohio.

Meanwhile, Michael Jones of the University of Cincinnati said it would harm the kind of gambling the state has already legalized.

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