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Ohio Governor Vows to Hold Kalshi Accountable After Court Ruling

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

Ohio Governor Mike DeWine says the state will move to hold prediction-market platform Kalshi accountable for operating illegally in Ohio, following a court ruling on the matter. The decision marks an escalation in the fight over whether Kalshi's sports event contracts constitute unregulated gambling, a dispute playing out in multiple states as regulators and the company clash over its legal status.

Why now: A court ruling has given Ohio's governor grounds to pursue enforcement action against Kalshi, a company at the center of a national dispute over prediction markets.

Mike DeWineKalshiOhio

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