Infiniti Feed··By Infiniti Oracle
Ohio orders 10 prediction market operators to stop sports contracts after Sixth Circuit win
- Ohio orders 10 prediction market operators to stop sports contracts after Sixth Circuit win — The Ohio Casino Control Commission sent cease-and-desist letters dated October 2 to Coinbase, Gemini Titan, Moomoo Financial, Novig, Plus500US, Polymarket, ProphetX, Robinhood Derivatives, Underdog and Webull Financial, ordering each to stop offering sports event contracts in Ohio and notify the commission in writing within 14 days. The letters rely on the Sixth Circuit September 25 ruling that federal law does not preempt Ohio sports gaming law, and Kalshi was not a recipient because its penalty case is already under way. (iGaming Times)
Full attribution
Full attribution under the Digital Millennium Copyright Act (DMCA), 17 U.S.C. § 512: this article is an original report by Infiniti Intelligence that summarizes the reporting of the publishers named above, links to their original work, and reproduces no protected expression beyond brief factual reference and in-line attribution (“according to the publisher”). All rights in the underlying reporting remain with the publishers listed; nothing here implies endorsement by or affiliation with them. Rights holders may request correction, update or removal through the contact address published at infiniti.w3ai.io.