Ohio Orders 10 Prediction Market Firms to Stop Sports Event Contracts by October 16
The Ohio Casino Control Commission told 10 event-contract operators on October 2 that their sports contracts amount to illegal bookmaking.…
Tag: Robinhood
Coinbase Agrees to Halt Michigan Sports Event Contracts by October 10
Coinbase has signed a stipulation with Michigan regulators to stop offering sports-related event contracts, including Kalshi-listed markets, by October 10,…
Missouri Gives Kalshi and Five Rivals October Deadlines to Stop Sports Event Contracts
Missouri Attorney General Catherine Hanaway sent cease-and-desist letters to Kalshi, Polymarket, Crypto.com, Novig, Underdog and Robinhood, arguing sports event contracts…
CFTC’s Wisconsin Loss Over Kalshi Sports Contracts Moves to Seventh Circuit
A Green Bay federal judge denied the CFTC's request for a preliminary injunction on July 30, leaving Wisconsin Attorney General…
Crypto.com and Robinhood Ask Supreme Court to Resolve Sports Event Contract Split
Crypto.com's NADEX and Robinhood Derivatives filed separate Supreme Court petitions seeking federal preemption of state gambling laws over sports event…
Vlad Tenev Says Crypto Event Contracts Are Taking a Larger Share of Robinhood Prediction Markets
Robinhood CEO Vlad Tenev told CNBC that crypto event contracts have taken a "disproportionate share" of trading on his platform…
Robinhood CEO Says Crypto Event Contracts Can Overtake Sports as Q2 Revenue Hits $156 Million
Vlad Tenev told CNBC on September 18 that crypto-linked prediction contracts are already taking a disproportionate share of Robinhood's event-markets…
Ninth Circuit Lets Nevada Enforce Gaming Laws Against Kalshi Sports Contracts, Creating Split With Third Circuit
A unanimous Ninth Circuit panel ruled August 28 that sports event contracts on platforms like Kalshi are gambling subject to…
NFL Week 1 Tests Kalshi’s $56.51 Billion Football Volume Forecast
Kalshi and Polymarket are entering the 2026 NFL season with record preseason volume, $57 billion in projected annual contracts, and…
Robinhood Agrees to Pause Michigan Sports Event Contracts Under Federal Court Deal
Robinhood agreed to stop offering new sports-related event contracts to Michigan customers by September 9 and close out remaining positions…