Ohio lawmakers are considering the proposed Save Ohio Sports Act, which would limit sports betting to in-person wagers and prohibit prop, parlay and in-play bets. The report cites February retail sportsbook revenue of $372,550, compared with $69.8 million online; the proposal’s legislative status is not specified.
The proposed limits could remove online, prop, parlay and in-play sports betting in Ohio.
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US lawmakers are weighing changes to federal sports betting taxes, according to the report. A Budget Lab model estimated that a 10% tax could raise $182bn over FY2027–2036 while reducing bets by 10%; a proposed $0.05-per-transaction tax was modelled to raise $1.3bn over the same period.
Ohio Sen. Bill DeMora filed legislation to bring sports prediction markets under state sports-gambling rules and prohibit election-related event contracts. He said a federal appeals court ruling could help advance the proposals, though the bills would need to be reintroduced in 2027.
Polymarket has filed a complaint against Ohio regulators arguing that the state's online sports betting framework violates the Commerce Clause. The CFTC has opened two comment periods on event contracts and casino-style products until 18 November, and Kalshi has sought more time in its Supreme Court proceedings.
Ohio has asked the US Supreme Court to hear a dispute over authority to regulate sports prediction markets. A bipartisan coalition of 39 states supports the request. Ohio argues states should oversee these products, while operators including Kalshi and Polymarket say they offer swaps under Commodity Futures Trading Commission supervision.
Ohio has asked the US Supreme Court to hear a dispute over whether sports-related prediction markets fall under state gambling law or federal oversight of swaps, according to a filing by the state. Ohio is leading a bipartisan coalition of 39 states in the request. The Supreme Court is not required to take the case, and it is not yet known whether the justices will agree to hear it.
The US Sixth Circuit Court of Appeals ruled for Ohio and Tennessee in consolidated cases concerning Kalshi’s sports event contracts, according to the report. The unanimous decision found Kalshi had not shown that the contracts qualified as swaps under federal law and said the Commodity Exchange Act would not override state gambling laws even if they did.