Kalshi sues Ohio Casino Control Commission to block $5M fine
Kalshi sued the Ohio Casino Control Commission (OCCC) in state court on June 29, escalating a long-running legal battle between the prediction market operator and the state gaming regulator. The lawsuit seeks a judicial order blocking the OCCC from imposing a planned $5 million fine. The case marks the latest front in one of the more active state-level court fights involving a prediction market platform.
A $5 million fine would be one of the largest state-level penalties against a prediction market operator and could embolden other state gaming regulators to pursue similar enforcement if the OCCC prevails.
Ohio becomes at least the fifth state where Kalshi and Polymarket face simultaneous state-court and federal-preemption fights this quarter, joining Michigan, Illinois, Minnesota, and Kentucky in testing whether CFTC registration shields platforms from state gambling enforcement.