Ohio Governor Proposes Doubling Sports Betting Taxes to Fund Stadium Projects
Governor Mike DeWine's budget plan aims to increase sports gambling taxes to support new sports facilities, including a potential Cleveland Browns stadium, but faces skepticism from lawmakers and industry pushback.
- The proposed tax hike would raise Ohio's sports betting tax rate from 20% to 40%, potentially generating $288 million over two years for stadium projects and youth sports programs.
- The Cleveland Browns are seeking $600 million in state assistance for a $2.4 billion domed stadium in Brook Park, with the state potentially covering up to 40% of project costs under the plan.
- Lawmakers from both parties expressed hesitation, citing the recent doubling of the tax rate in 2023 and concerns over creating an unelected commission to allocate funds.
- Critics from the sports betting industry argue the tax increase could harm customers, reduce investments, and incentivize unregulated gambling platforms.
- Supporters, including local government officials, view the plan as a way to leverage the booming sports betting industry for infrastructure while easing taxpayer burdens.
Cleveland Plain Dealer 
Washington Examiner 