Ohio Issues Cease-And-Desist Letter To 10 Prediction Markets
The Ohio Casino Control Commission issued cease-and-desist letters to prediction market operators like Underdog and Polymarket for unlicensed sports betting.
The Ohio Casino Control Commission issued cease-and-desist letters to prediction market operators like Underdog and Polymarket for unlicensed sports betting.
COLUMBUS, Ohio – August Ohio sports betting revenue totaled $58.3 million, with online sportsbooks carrying the bulk of it at $57.3 million. While August 2026 was the second-best August in Ohio sports betting history, it’s the weakest revenue month of the year. August marks eight … Read more
Revenue fell 19.9% to $58.3 million as hold dropped from 11.0% to 9.1%, with gross receipts down 3.8%. All seven operators with more than $20 million in gross receipts posted a lower hold than in August 2025. FanDuel posted the most revenue at $20.7 million, … Read more
COLUMBUS, Ohio – A rule change to ban Ohio sportsbooks from accepting credit card deposits was unanimously moved forward by the Ohio Casino Control Commission (OCCC) on Wednesday. While many Ohio sports betting operators already ban credit card deposits, efforts to pass a statewide ban … Read more
COLUMBUS, Ohio – The Ohio Casino Control Commission levied a $5 million fine on Kalshi for offering unlicensed sports betting in the state. However, with the recent production of Kalshi, this punishment will not be enough to scare them off. During March Madness betting, Kalshi … Read more
Ohio governor Mike DeWine regrets signing the law that brought legal sports betting to Ohio. DeWine has been vocal against prop betting at both the collegiate and professional level, but now opposes the entirety of sports betting. Ohio witnessed betting scandals with Cleveland Guardian pitchers, … Read more
DraftKings’ Railbird acquisition raises license concerns in Ohio and Michigan where regulators warn against prediction market participation. Multiple state gaming commissions have threatened that offering sports event contracts could jeopardize existing sportsbook licenses. DraftKings may limit sports predictions to non-betting states like California and Texas … Read more
Ohio Governor Mike DeWine complied with the NCAA’s request to prohibit local sportsbooks from offering college prop bets in 2024. However, internationally-licensed and regulated sportsbooks can legally offer college football props in Ohio since they fall under the purview of international regulations. The best player … Read more
Hawaii House Bill 1308 will undergo a public hearing, but many state agencies have submitted testimony in opposition to the Hawaii sports betting measure. Mississippi went back and forth about adding online sports betting to their laws but their measure SB 2510 died in a … Read more
DraftKings faced a fine in Ohio and questions in Massachusetts for unregulated sports betting actions. Countries outside the US are cracking down on illegal sportsbooks as they attempt to launch their own industries. CLEVELAND – This week’s legal sports betting brief highlights the growing pains … Read more
The Ohio Casino Control Commission approved new sports betting markets for the upcoming NFL Draft and next year’s WNBA Draft. Ohio looks to compete with the massive sports betting markets offered at internationally-licensed sportsbooks like Bovada. First round coverage of the 2024 NFL Draft begins … Read more
Maryland became the most recent state to prohibit college player prop betting. All college player prop markets are off the books as of Friday, Mar. 1 per the request of Maryland Lottery and Gaming Their intent is to protect athletes from harassment and keep wagering … Read more