Four more companies have agreed to stop offering sports event contracts in Ohio, bringing the total that have complied with the Ohio Casino Control Commission’s cease-and-desist letters to five.
The OCCC told LSR that MooMoo Financial, Robinhood and Gemini no longer offer new sports event contracts in the state, following the orders it sent to 10 prediction markets and brokers on October 2. Coinbase has agreed to stop offering them as of November 13. They join Plus500US, which the OCCC said was in compliance on October 21.
Polymarket and Underdog are suing the commission, while the OCCC continues discussions with the remaining three companies.
The commission also said it could not share details on licensees’ compliance with its October 20 warning against providing services to prediction markets, citing how recent the request was and the investigative nature of it.
