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1.1 KiB
Markdown
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No EOL
1.1 KiB
Markdown
# Robinhood Derivatives
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**Type:** Company
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**Status:** Active
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**Domain:** Internet Finance
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**Founded:** [Unknown]
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**Description:** Prediction market platform operated by Robinhood, subject to Nevada gaming law challenges alongside Kalshi and Crypto.com.
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## Timeline
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- **2026-04-16** — 9th Circuit consolidated oral argument with Kalshi and Crypto.com on CEA preemption vs. Nevada gaming law definitions
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## Overview
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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."
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## Legal Context
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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.
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## Sources
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- MCAI Lex Vision, "9th Circuit consolidates Kalshi, Robinhood, Crypto.com oral arguments for April 16" (2026-04-12) |