Sports content material and integrity offerings issuer Genius Sports Limited is stepping on the Ohio floor with a brand new Sports Gaming Supplier License granted to the corporation with the aid of the Ohio Casino Control Commission.
With the brand new license addition in Ohio, Genius Sports has obtained a total of 39 licenses at some stage in North America. This consists of not longer the most effective diverse US states but also tribal territories and regions in Canada.
Ohio License Comes Ahead of Sports Betting Launch in the State
The Ohio license comes just in time for the start of the state’s sports betting market, which is scheduled for January 1, 2023. Ohio is set to become the leading sports betting form in the US, and Genius Sports couldn’t have had a better time. Genius Sports CEO Mark Locke also acknowledged this, saying, With a growing majority of US states legalizing sports betting, Genius Sports welcomes the opportunity to work with states like Ohio to provide fans with official sports data. They are powered by solutions to increase their sports betting. Locke added that Genius Sports is proud and honored to be licensed in Ohio and will bring you state-of-the-art NFL merchandise and marketing in the state.
Research Claims Ohio Will Become #1 Sports Betting US State in 2023
The state of Ohio legalized sports betting in December 2021, and the market is expected to officially launch on January 1, 2023. More than 25 sportsbooks have already received licenses to provide sportsbook services in the state, which sets a good base. For a very competitive and prosperous market. According to the latest research from BonusFinder, Ohio has a population of 12 million and is on track to become the number one state for sports betting in the US by 2023. Research shows that this state has avid sports fans for the many teams in the Ohio Professional Sports League. Ohio is home to two NFL teams: the Cincinnati Bengals and the Cleveland Browns.
There is also an NHL team: the Columbus Blue Jackets. The MLB teams Cincinnati Reds, Cleveland Guardians, and the NBA team Cleveland Cavaliers hail from Ohio.
Genius Sports Has Recently Taken More Market Share in Canada
Ohio is one of many additions to Genius Sports’ foray into new territory. In November, the company signed a new agreement with Canadian sportsbooks Rivalry, Bet99, and bet365 for live streaming of NFL content using Genius Sports’ Watch & Bet program. All three operators can stream regular, and off-season NFL games to their customers. What is unique about Genius Sports’ Watch & Bet is that it offers sports fans a better experience through machine learning, optical tracking, and sophisticated live-streaming technology.