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Connecticut orders nine prediction platforms to stop sports contracts

Enforcement & compliance

Connecticut’s Department of Consumer Protection ordered nine prediction-market platforms to stop offering sports event contracts to state residents, officials said. The orders also require the platforms to let Connecticut customers withdraw funds; non-compliance could bring civil or criminal penalties. The department said it issued subpoenas to licensed gaming service providers, media organisations and app-store or payment-related businesses, whose recipients are not under investigation.

The orders require affected platforms to stop offering sports contracts and give Connecticut customers access to their funds.

Earlier fines and penalties by Connecticut Department of Consumer Protection

DateCompanyAmountStoryAppeal status
DraftKings, FanDuelNot statedConnecticut DCP orders nine prediction-market companies to stop sports contractsNot stated
Kalshi, RobinhoodNot statedConnecticut sues Kalshi to stop sports event contractsNot stated

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