Ohio Gov. Mike DeWine promises to hold Kalshi accountable for skirting gambling regulations
Ohio Gov. Mike DeWine is promising to hold prediction market platform Kalshi accountable for skirting state gambling regulations for years. The statement, posted by News 5 Cleveland on Facebook, does not specify what enforcement actions the governor intends to pursue or provide additional details on the alleged violations.
State-level pressure on Kalshi adds a new front beyond federal CFTC oversight, potentially forcing the platform to defend its legal status in individual state courts or negotiate geoblocks.
Joins New York, Connecticut, Missouri, and Nevada in the state-level assault on Kalshi and Polymarket's federal preemption claims, with the Sixth Circuit's Ohio ruling giving DeWine judicial cover to escalate beyond attorneys general in other states.