By SectorWire desk ·
The report said that the Ohio Casino Control Commission ended its relationship with the National Council on Problem Gambling over its $2m Kalshi partnership. The outlet said regulators in Michigan and Nevada also opposed the arrangement.
The Kalshi partnership prompted Ohio’s regulator to end its NCPG relationship and drew opposition from Michigan and Nevada regulators.
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Recipients face possible administrative, civil or criminal proceedings if they disregard the commission’s demands.
The case could affect whether states can regulate sports prediction markets and the safeguards operators face.
Heather Maurer’s departure changes NCPG leadership following the organisation’s announcement of a $2m partnership with Kalshi.
NCPG must replace its executive director while managing member departures linked to its Kalshi partnership.
Prediction market exchanges face a CFTC warning about manipulation risks involving public figures’ statements or actions.
Ohio’s departure makes it the third state gambling regulator confirmed to have ended National Council on Problem Gambling membership.