Ohio Casino Control Commission Imposes $5M Fine on Kalshi for Unlicensed Sports Gaming

The Ohio Casino Control Commission has imposed a $5 million fine on Kalshi, citing unlicensed sports gaming operations. The fine stems from allegations that Kalshi allows underage gambling, fails to pay state taxes, and violates advertising standards. Kalshi is contesting the fine and faces ongoing legal battles with multiple U.S. states.

By Jack Inabinet Wed, April 15, 2026 at 6:57 PM GMT+3 1 min read · Yahoo Finance · April 15, 2026, 15:57 UTC

Topics: fines legal challenges prediction markets regulation sports betting

Read the full article at Yahoo Finance

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