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Massachusetts Gaming Commission bars sports event contracts for licensed operators

Regulation

Source: Massachusetts Gaming Commission (MA)

The Massachusetts Gaming Commission told each licensed sports wagering operator that offering sports-related event contracts in the Commonwealth is prohibited. The Commission said its letters reinforce that state law governs wagering on sporting events, while not addressing contracts offered outside Massachusetts or event contracts generally.

Licensed operators must avoid offering sports-related event contracts in Massachusetts.

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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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