Ohio's gambling regulators are getting ready to hit the so-called 'prediction market' platform Kalshi with a $5 million fine ...
Kalshi let 35,000 Ohioans bet on sports without a license or paying the 20 percent tax—now the state wants $5 million and the ...
The fine comes on the heels of a court loss Kalshi suffered in March, when a federal judge said its offerings should be ...
Ohio’s gambling oversight agency has formally notified prediction market leader Kalshi of its intent to impose a $5 million fine.
The Ohio Casino Control Commission is looking to fine Kalshi $5 million for what it calls unlicensed sports gaming in the ...
Ohio regulators escalate dispute, claiming that prediction contracts constitute unlicensed sports gambling, while issuing ...
LAS VEGAS (KLAS) — A temporary restraining order was issued on Friday to stop Kalshi, a major player in the prediction markets, from operating in Nevada. State gaming regulators have said that ...
It's the latest salvo in a battle over whether the prediction market operator's sports offerings are gambling or federally ...
The Ohio Casino Control Commission (OCCC) has issued a $5 million fine against Kalshi, saying the federally regulated prediction market operated unlicensed sports gaming in the state. The fine, ...