Sports gambling isn’t legal yet in Ohio, but Cincinnati has become something of a hub for the sports gambling industry. And yes, we’re talking about the legal kind.
Pro Football Focus, based in Over-the-Rhine and owned by former Cincinnati Bengals great Cris Collinsworth, analyzes pro and college football games and provides data to teams and other clients. It has expanded with a service aimed at individuals who bet on football games.
Meanwhile, Worldpay Inc., the Symmes Township-based payments processing giant, has a fast-growing division that processes payments for casinos and is targeting the burgeoning legalized sports gambling market as an opportunity for significant growth.
A Supreme Court ruling in May opened the door to legal sports gambling, but each state still has to pass its own laws to legalize it. Delaware, Mississippi, New Jersey and West Virginia have already approved it. Others have also legalized it but don’t yet have operators. Ohio, Kentucky and Indiana have yet to pass laws to legalize sports gambling. Nevada was previously the only state where people could legally bet on sports games.