teleo-codex/entities/internet-finance/robinhood-derivatives.md
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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>
2026-04-12 22:31:12 +00:00

1.1 KiB

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."

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)