State And Regional

Cincinnati Reds win conditional approval for sports betting license

CINCINNATI — The Ohio Casino Control Commission has conditionally approved sports betting licenses for the Cincinnati Reds but has taken no action on the applications of two area gaming and racing casinos.

As many as seven Kroger stores across the Miami Valley have received the Ohio Lottery’s recommendation and are pre-qualified to apply for a Type C Sports Gaming Host license with the OCCC, including locations in Centerville (2), Fairborn (1), Middletown (1), Miamisburg (1), Piqua (1) and Troy (1). Click here for the latest list.

The Reds have partnered with Underdog Sports Wagering LLC as its mobile service provider and BetMGM for its retail sports book. Underdog caters to fantasy sports enthusiasts and recently raised $35 million from investors to “build innovative licensed sports betting products” and hire over 100 new employees, our news partners at WCPO-TV in Cincinnati reported Wednesday.

>> RELATED: Wins, and loses, can pile up with sped-up sports betting

“Underdog’s success is driven by the company’s focus on building new, innovative games and delivering amazing customer experiences. As the company moves into licensed sports betting, I believe that the unique focus on product and experience will reshape the industry,” said investor Chris Grove of Acies Investments, in a July 26 press release.

The commission also conditionally approved 300 new licenses Wednesday for companies that want to offer sports betting kiosks in their bars, restaurants and retail establishments. That brings the total number of kiosk licenses to 500 in Ohio. To search for licenses approved so far, go to the state’s “License Lookup” page.

A conditional approval means license holders have yet to submit compliance materials to show how they’ll handle security and responsible gaming standards. Those details are due in early November, with sports gambling slated to begin Jan. 1, 2023.

>> Miami Valley will feel economic ripple from Intel plant to be built in Ohio

The Casino Control Commission took no action Wednesday on pending applications from Hollywood Gaming Dayton Raceway in Harrison Twp., Miami Valley Gaming and Racing in Monroe, the Cincinnati Bengals, FC Cincinnati, Hard Rock Casino Cincinnati and Belterra Park in Anderson Township.

The Cleveland Browns, Columbus Crew and Muirfield Village were among the sports facilities granted conditional approval along with Hollywood gaming properties in Toledo and Youngtown and two Jack Entertainment properties near Cleveland, according to the casino control commission website.

Comments on this article