Ohio warns licensed companies about prediction markets

The Ohio Casino Control Commission (OCCC) sent a notice to sports betting and fantasy contest license holders and license applicants. The notice warned of the consequences of serving prediction market operators in the state.

OCCC Interim Executive Director Andromeda Morrison said that companies could face consequences if they continue to support unregulated and unlicensed gaming. The rest of Morrison's remarks was cut off in the source text, so the details are not known.

According to the headline of the report, providing services to prediction markets may affect license holders' suitability assessment. Suitability is used as one of the core criteria the regulator looks at when determining whether a company is fit to hold a license.

The warning covers both current license holders and companies in the application process. No further information about the content of the notice or possible sanctions has been shared at this time.