Coinbase to stop Ohio sports event contracts on Nov. 13; Robinhood, Gemini already out
Ohio's casino regulator says Coinbase agreed to stop offering sports event contracts in the state from 13 November. Robinhood and Gemini have already stopped new ones; Polymarket is suing the regulator.
· Announced · Verified 2026-11-09 via official docs
Announced Nov 5, 2026: Coinbase to stop Ohio sports event contracts on Nov. 13; Robinhood, Gemini already out. Affects: People in Ohio who trade sports event contracts on Coinbase, Robinhood or Gemini. Source: legalsportsreport.com, verified Nov 9, 2026. Coinbase code 33NYAA8.
Coinbase has agreed to stop offering sports event contracts in Ohio as of 13 November 2026, the Ohio Casino Control Commission told Legal Sports Report on 5 November. The commission said Robinhood, Gemini and MooMoo Financial no longer offer new sports event contracts in Ohio, after cease-and-desist letters it sent to 10 prediction markets and brokers on 2 October. Coinbase has not published its own notice, and its Ohio halt has not taken effect yet.
Robinhood's quarterly filing with the SEC says its derivatives unit received the Ohio letter on 2 October and on 26 October agreed to stop offering new sports-related event contracts in Ohio by 2 November. In return, the commission agreed not to enforce state gaming law against it while appeals by Robinhood and other prediction-market operators are pending at the Sixth Circuit and the US Supreme Court. Gemini told Ohio customers by email that its Gemini Titan exchange would stop offering sports-related event contracts there from 6 November, NEXTPredict reported; open positions are held until the event settles, and non-sports contracts stay available.
The commission said Polymarket and Underdog are suing it, and that it is still in discussions with Novig, ProphetX and Webull. Its letters warned that ignoring the order could lead to administrative, civil, nuisance or criminal action and a penalty equal to what each company earned from sports contracts sold to Ohioans. The crackdown follows a Sixth Circuit ruling in September against Kalshi, which found federal commodities law does not stop Ohio from enforcing its sports gaming law.
The halt covers sports contracts for people in Ohio only. Coinbase agreed to a similar halt in Michigan by 10 October. DexSheet found no statement from Coinbase or the commission on whether Coinbase will close open Ohio sports positions or let them run to settlement.
“On October 26, 2026, RHD agreed to cease offering new sports-related event contracts in Ohio by November 2, 2026 in exchange for the Commission's agreement to refrain from enforcing its state gaming laws during the pendency of RHD's and other prediction-market operators' appeals in the Sixth Circuit and the Supreme Court of the United States.”
— Robinhood Markets Form 10-Q for the quarter ended 30 September 2026
Who this affects
People in Ohio who trade sports event contracts on Coinbase, Robinhood or Gemini. Non-sports prediction markets and other products are not covered by the order. Traders in other states are not affected by this action.
Coinbase at a glance
Coinbase is a US-listed (Nasdaq: COIN) custodial crypto exchange and broker. Simple buys and sells carry a spread plus a Coinbase fee, Coinbase Advanced is a maker/taker order book, and since 2025 the app has offered DEX trading of onchain Base and Solana tokens through an integrated self-custody wallet.
Full Coinbase sheet · Also affects Robinhood, Gemini, Polymarket
More from the newsroom
Sources
Last checked . Fees and terms change often; the venue's own page wins if it disagrees with ours.
- Legal Sports Report - Four More Companies Agree To Drop Sports Contracts In Ohio (2026-11-06) — checked 2026-11-09
- Robinhood Markets - Form 10-Q, quarter ended 2026-09-30 (Ohio cease-and-desist and agreement) — checked 2026-11-09
- NEXTPredict - Gemini to halt sports prediction markets in Ohio following state crackdown (2026-10-23) — checked 2026-11-09
- CDC Gaming - Four more companies agree to drop sports contracts in Ohio (2026-11-06) — checked 2026-11-09
- Gambling Insider - Robinhood, Coinbase Among Four More Prediction Market Firms Agreeing to Halt Ohio Sports Contracts (2026-11-08) — checked 2026-11-09
- Legal Sports Report - Ohio Orders 10 Prediction Markets, Brokers To Stop Sports Event Contracts — checked 2026-11-09
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