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Ohio senator seeks prediction market regulation under state sports betting law after Sixth Circuit ruling
- Ohio senator seeks prediction market regulation under state sports betting law after Sixth Circuit ruling — Ohio state Sen. Bill DeMora said in an October 15 statement that prediction markets should be regulated the same way as other sports betting companies after the Sixth Circuit said platforms such as Kalshi and Polymarket can be regulated under state sports betting laws. DeMora said Ohio is losing tens of millions of dollars a month by not regulating the sites, and the report also notes Google has consolidated its prediction market advertising rules to require local licenses and account certification. (Bonus)
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