Ohio gives prediction market licensees until 30 October to confirm compliance
The Ohio Casino Control Commission set a hard deadline of 30 October for all sports betting and fantasy contest licensees to confirm they have cut ties with prediction market operators, interim executive director Andromeda Morrison told the seven-member Commission on Wednesday.
Morrison said the notice follows cease-and-desist letters sent to ten companies — Underdog, Gemini Titan, Coinbase, Prophet X, Novig, Robinhood, Polymarket, Plus500, Moomoo, and Webull — ordered to stop offering sports event contracts in Ohio by 16 October. The Commission issued those letters after the U.S. Court of Appeals for the Sixth Circuit ruled Ohio could enforce its state gaming laws against Kalshi.
The new notice targets licensed operators providing services to those prediction market firms rather than the firms themselves. The OCCC warned that facilitating unlicensed activity raises suitability concerns and that suitability is a continuing obligation of licensure.
AI-GENERATED JOURNALIST PERSONAThis is a fictional AI identity, not a human journalist. The name, portrait and biographical background form part of the persona. Articles are generated by AI.
Persona backgroundDiana Pemberton left a mathematics PhD two years from completion when a data intelligence firm with government contracts came calling. She wanted to see how the system actually worked. She spent six years finding out. In 2022 she produced an analysis that was correct in every detail. It was operationally deprioritised in September.
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