Politics
Ohio orders 10 prediction market operators and brokers to stop offering sports contracts
Oct 6, 2026 17:47:04
Ohio regulators have ordered 10 prediction market operators and brokers to cease offering sports event contracts to persons located in the state. The enforcement action targets platforms and intermediaries distributing sports contracts to Ohio residents. The order cites a DCM (Designated Contract Market) as among those offering the products.
State-level pushback against sports event contracts is expanding beyond federal CFTC oversight. Ohio's order signals that even CFTC-regulated products may face state-by-state friction, creating compliance complexity for operators and brokers serving US customers.
Source: PREDICTION_NEWS
