The Gambling Wire: Ohio Warns Gaming Licensees Over Prediction Market Ties
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Ohio warns gaming licensees that supporting prediction markets could jeopardize their licenses. Meanwhile, FanDuel unveils a VIP prediction-market trial amid congressional scrutiny. Ohio’s fight with prediction markets has expanded to licensed gaming operators and suppliers, with the Ohio Casino Control Commission (OCCC) warning them that providing services to unlicensed operators could jeopardize their licenses. The latest notice follows the expiration of a cease-and-desist deadline for 10 prediction market companies. Meanwhile, FanDuel has defended its controversial VIP program in another response to lawmakers; PrizePicks officially entered the booming digital collectibles market; and Las Vegas Sands (LVS) reported weaker third-quarter earnings.
Source: Gambling Insider
