Five firms agree to stop sports event contracts in Ohio, regulator says
Ohio's casino regulator says Robinhood, Gemini, Moomoo and Plus500US have stopped new sports event contracts, with Coinbase to follow on Nov. 13.
Five of the ten prediction markets and brokers that Ohio ordered to stop offering sports event contracts have now complied or agreed to, the Ohio Casino Control Commission (OCCC) told Legal Sports Report in a report published November 6, 2026.
Moomoo Financial, Robinhood and Gemini no longer offer new sports event contracts in the state. Coinbase has agreed to stop offering them as of November 13. Plus500US had already complied; the commission said it was in compliance on October 21.
Where the other five stand
The OCCC sent its cease-and-desist letters to ten companies on October 2, after the Sixth Circuit ruled against Kalshi on September 26. Polymarket and Underdog are suing the commission. Novig, ProphetX and Webull remain “in discussions” with the regulator.
The commission declined to say what it may do about companies that don’t comply and pointed back to the letters. Those letters warned of possible administrative, civil, nuisance or criminal action, plus a civil penalty equal to the money each company made offering sports event contracts to Ohioans.
Pressure on licensed operators too
On October 20, the OCCC also wrote to its own sports betting and fantasy licensees, including suppliers and management services providers. It ordered them to “immediately cease” activities that “continue to facilitate, support, or otherwise provide services” to prediction markets, and to confirm in writing by October 30.
In the week of November 2, the commission said several licensees had confirmed compliance but some had yet to, and that it plans to follow up. Licensees that don’t comply could face reopened suitability investigations and possible suspension or revocation of their licenses.
What it means for traders
For Ohio customers of the brokers that complied, new sports event contracts are no longer offered in the state, and Coinbase users lose them from November 13. Robinhood took a different route in Missouri, where it sued state officials on November 9 to block enforcement against its event contracts.
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