Ohio's Casino Control Commission has told licensed online sportsbooks to cease providing services to prediction markets trading on sports events, according to a letter dated 20 October. Interim executive director Andromeda Morrison said licensees that support such platforms risk having their suitability reopened, which could lead to suspension or revocation. The OCCC issued cease-and-desist notices to 10 prediction market platforms in early October.
Ohio's Casino Control Commission has told online sportsbooks licensed in the state to stop providing services to prediction markets that trade on sports events, according to a letter dated 20 October from interim executive director Andromeda Morrison. The commission said licensees that do not stop such activity immediately risk having their suitability reopened, and a finding of unsuitability could lead to a licence being suspended or revoked.