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Illinois plaintiff sues Props.com, Novig and Dabble over alleged betting losses

Regulation

A federal lawsuit filed in the Northern District of Illinois names Third Planet Media, Novig and Dabble Sports, according to the report. Plaintiff Mark T. Lavery alleges the companies offered unlicensed sports betting through sweepstakes or fantasy products and seeks recovery of gambling losses, treble damages, legal fees and an injunction; the claims have not been established by a court.

The case challenges whether sweepstakes and fantasy-style products can expose operators to gambling-loss claims and injunctions.

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Regulation

Ohio regulator warns licensees over prediction market services

The Ohio Casino Control Commission has told sports betting and fantasy contest licensees and applicants that providing services to prediction market operators may affect their suitability. Interim executive director Andromeda Morrison said licensees must confirm compliance with the notice by 30 October. The commission issued cease-and-desist letters to 10 prediction market companies after a Sixth Circuit ruling allowed Ohio to enforce its gaming laws against Kalshi.

The Ohio Casino Control Commission has sent a notice to sports betting and fantasy contest licensees and applicants in the state warning that providing services to prediction market operators may affect their suitability. Andromeda Morrison, the commission's interim executive director, told the seven-member Commission on Wednesday that licensees and applicants must confirm compliance with the notice by 30 October. The notice was first reported by The Event Horizon newsletter.

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