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CME Group considers sports event contracts with FanDuel partnership in place

Business

CME Group is reportedly considering sports event contracts by the end of 2025, with futures commission merchants likely to offer them initially. FanDuel said it is discussing its offering with stakeholders, including state regulators, but has made no decisions; its existing partnership with CME covers contracts based on financial information.

The plans could affect how FanDuel distributes event contracts and engages with state regulators.

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Enforcement & compliance

Ohio Casino Control Commission confirms four firms halt sports event contracts

Ohio's Casino Control Commission confirmed that Robinhood, Gemini and Moomoo Financial had stopped offering new sports event contracts to Ohio customers, while Coinbase agreed to halt them by 13 November. The four firms join Plus500US in complying with cease-and-desist orders issued to 10 operators; two others have sued Ohio and three remain in discussions with the commission.

Ohio's Casino Control Commission confirmed that Robinhood, Gemini and Moomoo Financial had stopped offering new sports event contracts to customers in the state. Coinbase has agreed to halt its offerings by 13 November. The commission confirmed that Plus500US complied with its order on 21 October.

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