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Ohio commission gives licensees 10 days to sever sports prediction market ties

Enforcement & compliance

The Ohio Casino Control Commission ordered state gambling licensees, suppliers and certified service providers to end dealings with unlicensed sports prediction market operators and confirm compliance by 30 October. The commission warned that non-compliance could lead to investigation, licence denial, non-renewal, suspension or revocation.

An empty courtroom with wooden furniture and rows of chairs.

Ohio licensees face a compliance deadline and possible licence consequences for supporting unlicensed sports event contracts.

Earlier fines and penalties by Ohio Casino Control Commission and OCCC

DateCompanyAmountStoryAppeal status
Robinhood Derivatives, CoinbaseNot statedOhio regulator orders Robinhood Derivatives to halt sports-event contracts by 16 OctoberNot stated
Coinbase, GeminiUSD 5,000,000Ohio Casino Control Commission orders prediction market businesses to halt sports contractsNot stated
Not namedNot statedOCCC orders 10 platforms to halt sports contract activity in OhioNot stated
Not namedNot statedOCCC orders 10 prediction market recipients to stop Ohio sports contractsNot stated

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