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Ohio governor moves to hold prediction market Kalshi accountable

Original: After court ruling, Ohio Gov. Mike DeWine to hold Kalshi accountable for operating illegally

Ohio Governor Mike DeWine says the state will hold prediction market operator Kalshi accountable for operating illegally, following a court ruling on the matter. The move signals an escalation in the ongoing dispute over whether Kalshi's sports event contracts constitute unlicensed gambling in Ohio, a fight playing out across multiple states as regulators challenge the fast-growing prediction market industry.

Why now: A court ruling has just given the governor legal grounds to act against Kalshi in Ohio.

Mike DeWineKalshiOhio

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