Ohio's casino control commission is nearing a decision on a rule change that could grant operators in the state an extended period to launch their licensed operations. This potential shift has sparked discussions as stakeholders weigh in during the final week for public comments on the proposed amendment.
Currently, licensees are granted a one-year window from the issuance date to bring their operations to fruition. However, this timeframe may pose challenges for certain businesses, particularly those in the retail sector, as they navigate the transition from concept to implementation within the 12-month window.
Among the proponents for extending the licensing deadline is Phantom Fireworks, a prominent organization in Ohio. With a Type B operator license focused on offline operations, Phantom Fireworks faces logistical hurdles in securing a specific location for its betting activities. Similarly, other entities like the Pro Football Hall of Fame, Muirfield Village Golf Club, SPIRE Institute, and Lori's Roadhouse hold Type B licenses but have yet to commence betting operations.
The proposed rule change aims to empower the commission's executive director to evaluate each licensee's progress individually and, if deemed appropriate, grant extensions accordingly. This flexibility would allow for a more nuanced approach to licensing timelines, ensuring that licensees making tangible strides toward launch are afforded additional time as needed.