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Ohio commission warns sportsbook licensees over prediction markets

Regulation

Ohio’s Casino Control Commission says sportsbook licensees’ involvement in sporting event contracts could affect their suitability to keep their licences. The warning covers offering contracts directly or partnering with, coordinating with or associating with entities that offer them, including through related businesses; the letter does not clarify whether a separate licence or approval under an existing licence would be required.

Sportsbook operators face potential licence-suitability reviews if they offer or associate with sporting event contract providers.

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