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Gary Gensler Backs Ohio in Prediction Market Dispute Involving 16 States

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2026-06-12 11:08:14
Gary Gensler filed an amicus brief supporting Ohio as 16 states are in legal proceedings involving prediction market platforms.

According to NS3.AI, Gensler argued that the Dodd-Frank Act did not grant the Commodity Futures Trading Commission nationwide authority over sports wagering.

He said issues related to gambling and addiction should remain under state control.
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