rio: extract claims from 2026-04-12-mcai-ninth-circuit-kalshi-april16-oral-argument

- Source: inbox/queue/2026-04-12-mcai-ninth-circuit-kalshi-april16-oral-argument.md
- Domain: internet-finance
- Claims: 0, Entities: 3
- Enrichments: 2
- Extracted by: pipeline ingest (OpenRouter anthropic/claude-sonnet-4.5)

Pentagon-Agent: Rio <PIPELINE>

entities/internet-finance/crypto-com-derivatives.md

@@ -0,0 +1,23 @@
+# Crypto.com Derivatives
+
+**Type:** Company  
+**Status:** Active  
+**Domain:** Internet Finance  
+**Founded:** [Unknown]  
+**Description:** Prediction market platform operated by Crypto.com, subject to Nevada gaming law challenges alongside Kalshi and Robinhood.
+
+## Timeline
+
+- **2026-04-16** — 9th Circuit consolidated oral argument with Kalshi and Robinhood Derivatives on CEA preemption vs. Nevada gaming law definitions
+
+## Overview
+
+Crypto.com Derivatives is a prediction market platform that became subject to Nevada Gaming Control Board enforcement actions. The platform's case was consolidated with Kalshi and Robinhood Derivatives for a single 9th Circuit hearing addressing whether the Commodity Exchange Act preempts Nevada's gaming law definitions of "sports pool" and "percentage game."
+
+## Legal Context
+
+The consolidated cases represent an industry-wide test of state gaming law enforcement against CFTC-licensed prediction market platforms, with implications for federal preemption doctrine in the prediction market sector.
+
+## Sources
+
+- MCAI Lex Vision, "9th Circuit consolidates Kalshi, Robinhood, Crypto.com oral arguments for April 16" (2026-04-12)

entities/internet-finance/nevada-gaming-control-board.md

@@ -1,22 +1,24 @@
----
-type: entity
-entity_type: organization
-name: Nevada Gaming Control Board
-domain: internet-finance
-secondary_domains: [grand-strategy]
-status: active
-tracked_by: rio
-created: 2026-03-11
----
-
 # Nevada Gaming Control Board
 
-The Nevada Gaming Control Board is the state regulatory agency overseeing gambling operations in Nevada. In late January 2026, the Board sued Polymarket to halt sports-related prediction contracts, arguing they constitute unlicensed gambling under state jurisdiction.
+**Type:** Organization  
+**Status:** Active  
+**Domain:** Internet Finance  
+**Founded:** [Historical Nevada gaming regulator]  
+**Description:** Nevada state gaming regulatory authority that obtained TRO against Kalshi and initiated enforcement actions against prediction market platforms.
 
 ## Timeline
 
-- **2026-01-XX** — Sued [[polymarket]] to halt sports-related prediction contracts, creating federal-vs-state jurisdictional conflict over whether prediction markets are CFTC-regulated derivatives or state-regulated gambling
+- **2026** — Obtained TRO blocking Kalshi operations in Nevada; initiated enforcement actions against Robinhood Derivatives and Crypto.com
+- **2026-04-16** — Defended consolidated cases before 9th Circuit on CEA preemption vs. Nevada gaming law
 
-## Relationship to KB
+## Overview
 
-The Nevada Gaming Control Board lawsuit represents the unresolved federal-state classification conflict for prediction markets. CFTC treats them as derivatives; states may treat them as gambling. This jurisdictional tension could fragment prediction market regulation similar to online poker's state-by-state legal landscape.
+The Nevada Gaming Control Board is the state regulatory authority responsible for enforcing Nevada gaming laws. In 2026, the Board successfully obtained a temporary restraining order against Kalshi at the district court level and initiated parallel enforcement actions against Robinhood Derivatives and Crypto.com, arguing that prediction market contracts fall under Nevada's gaming law definitions of "sports pool" and "percentage game."
+
+## Legal Strategy
+
+The Board's enforcement actions test whether state gaming law can regulate CFTC-licensed prediction market platforms, challenging the scope of federal Commodity Exchange Act preemption. The consolidated 9th Circuit cases represent the Board's defense of state regulatory authority over prediction markets operating within Nevada.
+
+## Sources
+
+- MCAI Lex Vision, "9th Circuit consolidates Kalshi, Robinhood, Crypto.com oral arguments for April 16" (2026-04-12)

entities/internet-finance/robinhood-derivatives.md

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+# Robinhood Derivatives
+
+**Type:** Company  
+**Status:** Active  
+**Domain:** Internet Finance  
+**Founded:** [Unknown]  
+**Description:** Prediction market platform operated by Robinhood, subject to Nevada gaming law challenges alongside Kalshi and Crypto.com.
+
+## Timeline
+
+- **2026-04-16** — 9th Circuit consolidated oral argument with Kalshi and Crypto.com on CEA preemption vs. Nevada gaming law definitions
+
+## Overview
+
+Robinhood Derivatives is a prediction market platform that became subject to Nevada Gaming Control Board enforcement actions. The platform's case was consolidated with Kalshi and Crypto.com for a single 9th Circuit hearing addressing whether the Commodity Exchange Act preempts Nevada's gaming law definitions of "sports pool" and "percentage game."
+
+## Legal Context
+
+The consolidated cases center on state-level gaming law enforcement against CFTC-licensed prediction market platforms, testing the boundaries of federal preemption in the prediction market industry.
+
+## Sources
+
+- MCAI Lex Vision, "9th Circuit consolidates Kalshi, Robinhood, Crypto.com oral arguments for April 16" (2026-04-12)