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REGULATION 60-second read

Ohio gives Coinbase, Robinhood & Polymarket 14 days to quit state

Published: 1 min read
An empty courtroom bench with a gavel rest, lit by late afternoon light through tall windows.

The OCCC skipped Kalshi, which already sued the state & lost.

The hit

The Ohio Casino Control Commission sent cease-&-desist letters to 10 prediction platforms on Friday, ordering them to stop offering sports event contracts in the state within 14 days. The letters landed a week after the U.S. Sixth Circuit Court of Appeals ruled the OCCC can enforce its gambling rules against Kalshi, according to InGame. Coinbase, Robinhood Derivatives, Polymarket & Gemini Titan were among those named; Kalshi itself was not, as it reportedly needed no letter after already suing the state & losing, according to InGame.

Why it matters

The ruling lets Ohio treat sports event contracts as unlicensed gambling, a felony under state law. It also opens the door for Kentucky, Michigan & Tennessee, the other states in the Sixth Circuit, to enforce their own gambling laws against the same platforms.

The record

First Robinhood letter 31 March 2025 (OCCC)
Kalshi’s suit against Ohio Filed October 2025, lost on appeal (InGame)
States already banning contracts Michigan, Nevada & Washington state (InGame)

What happens next

Watch whether any of the 10 platforms comply within the window, & whether other Sixth Circuit states issue their own cease-&-desist letters under the same ruling.

Sources: Ohio Regulator Sends C&Ds to 10 Prediction Platforms

Named in this story? Reply to newsdesk@infobets.com & we publish it.

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