The Ohio Casino Control Commission (OCCC) has issued cease-and-desist orders to 10 prediction market operators and brokers. These companies are prohibited from offering sports event contracts in Ohio, following a federal appeals court ruling regarding the preemption of Ohio’s sports-gaming laws by federal commodities law.
Summary based on reporting by Yogonet, which retains all rights to its text and images.
One email each morning with the stories that moved the betting industry — regulators, operators and market moves, summarised. Free for industry professionals.
No spam, no bonuses — just industry news. Unsubscribe any time.
Brazil’s Attorney General, Jorge Messias, has requested a meeting between the Supreme Court and the Federal Public Prosecutor’s Office. This meeting concerns the ongoing betting ban in the country before a decision is made regarding the licensed sector.
France has enhanced the supervisory framework for advertising duties associated with online gambling licenses. This expansion follows a new cooperation agreement announced by the Autorité Nationale des Jeux (ANJ) regarding gambling ad campaigns.
A review of sweepstakes casinos in Wyoming concluded without a definitive decision. Lawmakers considered both a ban and regulation for these operations, but no vote was held, leaving their legal status unchanged.
Thailand’s Ministry of Digital Economy (DE) is actively combatting illegal online gambling, meeting with public health organizations to develop joint strategies. A key pillar of these strategies includes exploring direct collaboration with social media platforms. This initiative aims to leverage official government communication channels in the fight against illicit gambling activities.
Coinbase has agreed to cease offering sports-related event contracts to customers in Michigan. This action follows the Michigan Gaming Control Board's stance against unlicensed operators offering sports wagering disguised as prediction markets.