The Ohio Casino Monitoring Committee issued sports books a warning about providing prediction markets.
With Ohio, one of the largest legal sports betting markets in the United States, sports books operators have now been warned by the Ohio Casino Monitoring Committee about working with or integrating predicting markets in their services. Dated to August 25 and He sees the closing lineThe message highlighted that any prediction market requires a suitable license and scrutiny to work within the state.
“Any commercial relationship between Ohio’s licensed sports (including relevant entities or those who are subject to shared ownership) with any IES coat that offers or facilitates unlicensed sports in Ohio, calls for questioning the reputation of the licensee and the safety of sports in Ohio.” – Ohio Casino Monitoring Committee
However, the message has left that it is unclear whether obtaining a second license will be required for prediction markets, or whether operators who have an existing license can search in prediction markets under the same markets.
This can affect operators who use prediction markets in other states, where the message shows that restricting the use of these markets for Ohio residents “may not reduce the anxiety of fitness”, depending on the circumstances.
“Any commercial relationship between the Ohio sports licensee (including related or under joint ownership entities) with any IES coat that provides or facilitates the provision of unlicensed sports in Ohio, calls for questioning the reputation of the licensee and the safety of sports in Ohio,“ The letter, which was signed by Matthe Schulaler, CEO of OCCC, investigators.
This comes Ohio Mike Dyin Governor The Casino Monitoring Committee was called to prohibit the pillars of the pillars, and requested that it be removed from the list of betting factors that are legally allowed to offer.
The growing world is constantly predicting markets
This comes after one of the largest prediction markets, KALSHI, which was recently photographed in sports betting Earlier this month. Another giant, Vandoel, also showed an interest in entering the world of prediction markets, with rumors about A possible partnership between her and Calchi revolves around.
actually, Competition for prediction markets It has been heated in recent months. If the Ohio Casino Monitoring Committee takes a stronger position on this issue, with the strength of its fans, the major sports betting, it may represent a major obstacle to the growing sector.
Distinctive image: Wikimedia rumorsLicensed under CC BY-SA 2.0
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