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Ohio Set to Target Prediction Markets with Further Legal Action

Ohio Set to Target Prediction Markets with Further Legal Action

Photo: GamblingNews

Ohio is ready to go after more operators of prediction markets that offer contracts related to sports, Governor Mike DeWine said, claiming the products break the state’s gambling laws. The Ohio Casino Control Commission has already issued cease-and-desist notices to several companies, including Kalshi , Polymarket and Robinhood . DeWine Challenges Prediction Markets Over Ohio Betting Restrictions DeWine said the state will go after enforcement, not solely warnings. He has asked why prediction market operators should be permitted to offer sports-related bets without being subject to the same requirements placed on licensed sportsbooks.

Source: GamblingNews

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