The Ohio Casino Control Commission has renewed its cease-and-desist order against Robinhood Derivatives, giving the company until Oct. 16 to comply over sports-event contracts and putting its expanding prediction-market business under direct state scrutiny. The order arrives as Robinhood’s event-contract business grows into a substantial source of revenue.

Ohio’s order reaches beyond contract providers

Bonus.com reports that Ohio also sent notices to nine other firms, including Coinbase Global, Gemini Space Station, Polymarket, ProphetX and Webull. The order concerns sports-related event contracts and extends to firms that facilitate them through futures commission merchant or designated contract market activities, not just companies that directly offer the contracts.

The Polymarket prediction market platform interface. – Photo: Brynn Who Likes Editing

The action follows a Sept.…