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Illinois Gaming Board orders three platforms to stop sports event contracts

Enforcement & compliance

The Illinois Gaming Board issued cease-and-desist letters to Kalshi, Robinhood and Crypto over sports event contracts offered in Illinois without state authorisation. The board says the activity requires an Illinois sports wagering licence; Kalshi chief executive Takek Mansour said the company plans to challenge state efforts to prohibit the contracts.

The letters put the platforms’ sports event contracts at risk in Illinois and signal an enforcement position for operators and suppliers.

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Enforcement & compliance

Maryland orders Robinhood, Kalshi and Crypto.com to stop sports event contracts

Maryland's Lottery and Gaming Control Commission sent cease-and-desist letters to Robinhood, Kalshi and Crypto.com, directing them to stop offering sports event contracts in the state. Director John Martin said officials view the contracts as unlicensed sports wagering; the companies were told their markets violate Maryland gaming laws, and the source reports no response from them.

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