Finance
Robinhood, Polymarket among 10 operators sent cease-and-desist orders in Ohio
Oct 7, 2026 04:31:32
Ohio sent cease-and-desist orders to 10 operators including Robinhood and Polymarket. The action comes after the Sixth Circuit previously ruled against Kalshi in disputes with Ohio and Tennessee, finding the operator failed to establish its sports event contracts were permissible under state law.
Expands state-level enforcement beyond Kalshi to multiple CFTC-regulated platforms, testing whether federal designation shields operators from state gambling laws.
Source: PREDICTION_NEWS
