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Ohio Issues $5M Fine Notice to Kalshi

Ohio regulators have issued a $5 million fine notice to Kalshi, a prediction market platform, for allegedly operating without the necessary state licenses. The Ohio Casino Control Commission claims that Kalshi has been offering unlicensed gambling services to residents. This action follows a broader scrutiny of online gambling platforms in the state. Kalshi has stated that it intends to contest the fine and believes it has complied with all applicable regulations. The situation highlights ongoing regulatory challenges faced by online gaming companies in Ohio.

Read the full article: Casino News

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