Ohio Issues $5M Fine Notice to Kalshi
Ohio regulators have moved to impose a $5 million penalty on prediction market operator Kalshi, escalating a dispute over whether the company’s sports event contracts amount to unlicensed sports betting. Ohio Targets Sports Contracts and Licensing Status The Ohio Casino Control Commission said it has sent a notice of intent to fine KalshiEX LLC, arguing the platform has offered products that fall under Ohio gaming law without securing a state licence. The action marks one of the most aggressive enforcement steps […] The post Ohio Issues $5M Fine Notice to Kalshi appeared first on World Casino News.
Ohio regulators have moved to impose a $5 million penalty on prediction market operator Kalshi, escalating a dispute over whether the company’s sports event contracts amount to unlicensed sports betting. Ohio Targets Sports Contracts and Licensing Status The Ohio Casino Control Commission said it has sent a notice of intent to fine KalshiEX LLC, arguing the platform has offered products that fall under Ohio gaming law without securing a state licence. The action marks one of the most aggressive enforcement steps […]
The post Ohio Issues $5M Fine Notice to Kalshi appeared first on World Casino News.
