Gemini Titan freezes Ohio sports trading as regulatory pressure mounts
NEXTPredict reports Ohio customers can no longer place new sports orders or sell existing sports positions after November 6, while open positions will be held until the underlying events resolve and settle on their terms. The move follows cease-and-desist orders the Ohio Casino Control Commission issued to Gemini and nine other prediction market operators.
Gemini Titan is halting sports event contract trading for Ohio customers effective November 6, according to NEXTPredict. The restriction covers both new orders and sales of existing sports positions.
The report, published Nov 6, 2026 at 7:30 PM ET, says Ohio customers can no longer place those orders or sell their sports holdings after November 6.
Open positions await settlement
Existing positions will remain open until the underlying events resolve, according to NEXTPredict. They will then settle under their terms rather than being closed out through customer sales.
That leaves a distinction between trading access and settlement: Ohio customers lose the ability to enter or exit sports positions, while outstanding contracts continue toward resolution.
Ohio enforcement precedes the halt
The move follows cease-and-desist orders issued by the Ohio Casino Control Commission to Gemini and nine other prediction market operators, NEXTPredict reports.
The supplied report describes Gemini Titan’s restrictions but does not specify what trading changes, if any, the nine other operators have made.
What it means for prediction markets
- Exit access is restricted: Ohio customers cannot sell existing sports positions after November 6 and must await event resolution and settlement.
- Outstanding contracts remain in place: The halt stops trading access without canceling open positions, which will settle on their terms.
- Enforcement extends beyond Gemini: The commission’s orders also targeted nine other operators, but the report does not establish whether they have imposed similar restrictions.
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