Robinhood says it received cease-and-desist letter from Ohio casino commission
HOOD•Robinhood said it received an Oct. 2 cease-and-desist letter from the Ohio Casino Control Commission seeking to halt sports-related event contracts in Ohio. The company agreed on Oct. 26 to stop offering new contracts there by Nov. 2, while the commission refrains from enforcement during appeals.
1. Ohio contracts halt
A filing said Robinhood Markets received a cease-and-desist letter from the Ohio Casino Control Commission on Oct. 2 to halt sports-related event contracts in Ohio. Robinhood agreed on Oct. 26 to stop offering new sports-related event contracts in the state by Nov. 2; the commission will refrain from enforcement during appeals.
