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Ohio orders 10 prediction market operators to stop sports contracts

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Ohio orders 10 prediction market operators to stop sports contracts

The Ohio Casino Control Commission (OCCC) has ordered 10 prediction market operators and brokers to stop offering sports event contracts in the state, citing a federal appeals court ruling that said federal commodities law does not preempt Ohio’s sports-gaming laws. The cease-and-desist notices wer…

The Ohio Casino Control Commission (OCCC) has ordered 10 prediction market operators and brokers to stop offering sports event contracts in the state, citing a federal appeals court ruling that said federal commodities law does not preempt Ohio’s sports-gaming laws. The cease-and-desist notices were issued to Underdog, Gemini Titan, Coinbase, ProphetX, Novig, Robinhood Derivatives, Polymarket’s...

Ohio orders 10 prediction market operators to stop sports contracts | GG News