‘It’s time’ to regulate prediction markets, Ohio senator says after federal ruling
Photo: SBC Americas
KEY TAKEAWAYS Democratic Ohio Sen. Bill DeMora filed bills to license and regulate sports prediction markets as sports gambling and to ban election event contracts. DeMora told SBC Americas he hopes the unanimous Sixth Circuit ruling in favor of the state will force the issue within the legislature. Ohio’s gambling regulator already turned up the heat on prediction market operators after the 3-0 appeals court verdict. An Ohio Senator wants the state to capitalize on the recent Sixth Circuit court ruling by passing legislation to classify sports prediction markets as sports gambling, as well as to ban election trading via…
Source: SBC Americas
