Maryland Lottery and Gaming directs commodity traders to halt sports event contracts
BALTIMORE, MD—The Maryland Lottery and Gaming Control Commission on Monday issued letters to commodity trading businesses KalshiEX, LLC (Kalshi), Robinhood Derivatives, LLC (Robinhood) and North American Derivatives Exchange, Inc. (doing business as Crypto.com), directing them to stop offering sports event contracts in Maryland. Maryland Lottery and Gaming informed the three companies that the sports event prediction markets they offer via […]