Ohio seeks Supreme Court review of US sports prediction market jurisdiction
By SectorWire desk · · Updated
Summary
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.
Why it matters
Ohio’s request puts disputed state and federal authority over sports prediction market operators before the Supreme Court.