Ohio sports gaming proprietor bonds.
From $800.

Ohio Rev. Code § 3775.04(E); Ohio Adm. Code 3775-4-02(H)(2), 3775-4-03(I)(2), 3775-4-04(F)(2)Ohio Revised Code § 3775.04(E): after receiving a sports gaming proprietor license, the proprietor shall pay the listed nonrefundable license fees and shall give to the state a surety bond, in an amount and in the form approved by the Ohio Casino Control Commission, guaranteeing that it faithfully makes all payments required by chapter 3775 and the Commission’s rules during the license period. Section 3775.04(F)(1) makes the license valid for five years. The Commission’s rules, effective October 26, 2024, require that on approval of an initial or renewal license the proprietor post and maintain a surety bond of an amount necessary to cover all future license fees owed, payable to the state, issued by a surety licensed to do business in Ohio: Ohio Adm. Code 3775-4-02(H)(2) for type A, 3775-4-03(I)(2) for type B, and 3775-4-04(F)(2) for type C. Neither the statute nor the rules print a dollar amount for the bond. Working from the § 3775.04(E) fee table, the fees still owed after the first installment are the four annual installments: for a type B proprietor that points to a $40,000 bond; for a type A proprietor with one mobile management services provider, a $500,000 bond (professional sports organization) or a $750,000 bond (any other applicant); and with two providers, the fee table points to a larger bond — roughly $1,666,668 to $2,500,000 — which is above what this application prices, so a specialist quotes that bond directly. A type C proprietor pays its whole fee at issuance, so the Commission approves its amount case by case. Those figures are our arithmetic, not a published schedule — the Commission approves the amount, so confirm it with the Division of Licensing and Investigations before you apply.