The nation’s largest prediction market platforms are all ignoring Ohio’s legal threats to shut down their sports trading sections.
The Ohio Casino Control Commission issued cease-and-desist letters to 10 companies operating in the state that allow consumers to “trade” on sporting events. Each had a deadline of Friday to respond and confirm it had shut down those markets.
As of the end of business on Friday, most platforms were still up and unchanged. Some of the bigger companies are airing ads during games, which Ohio Gov. Mike DeWine has seen.
“I watched baseball last night,” DeWine told us Wednesday. “I’m seeing ads up there from them.
