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Israeli court keeps indicted air force officer in detention in prediction-market case

Enforcement & compliance

An Israeli court denied a detained air force officer’s request for house arrest as he faces charges over alleged use of classified information to wager on Polymarket. His defence claimed betting on prediction markets was widespread among military personnel and alleged investigative misconduct; the court said that claim was not relevant to the case, while a separate inquiry is planned.

The case concerns alleged misuse of military information for prediction-market bets, with the officer remaining in detention.

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Enforcement & compliance

Ohio regulator orders Robinhood Derivatives to halt sports-event contracts by 16 October

The Ohio Casino Control Commission has reiterated that Robinhood Derivatives must obey its cease-and-desist order by 16 October. The order concerns sports-event contracts, and Ohio issued similar notices to nine other firms.

The Ohio Casino Control Commission has restated its cease-and-desist order against Robinhood Derivatives concerning sports-event contracts and said the company must comply by 16 October, according to a report. The order was reasserted as state pressure on prediction-market platforms continues.

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