Ohio Issues Cease-and-Desist Orders to Kalshi, Robinhood, and Crypto.com Over Sports Betting Contracts
Ohio has become the latest state to take regulatory action against Kalshi, Robinhood, and Crypto.com, issuing cease-and-desist orders against the three platforms for allegedly offering unlicensed sports betting. The Ohio Casino Control Commission (OCCC) determined that these companies’ event contracts constitute sports wagering, which requires proper licensure under state law. The recent action follows similar […]
Ohio has become the latest state to take regulatory action against Kalshi, Robinhood, and Crypto.com, issuing cease-and-desist orders against the three platforms for allegedly offering unlicensed sports betting. The Ohio Casino Control Commission (OCCC) determined that these companies’ event contracts constitute sports wagering, which requires proper licensure under state law. The recent action follows similar […]
