Underdog Exchange DCM, Inc. v. Tong

Filed; no ruling2d Cir.Platform v. State

Docket last checked November 8, 2026. Snapshot — not legal advice.

As of November 8, 2026, the legality of prediction markets in Connecticut is unresolved — litigation is ongoing with no final ruling yet. Connecticut status and cases →

Overview

The first platform to sue over Connecticut’s September 10, 2026 cease-and-desist orders. Underdog’s exchange arm filed on September 15, 2026, five days after it received one, attaching the order as its first exhibit and asking for a declaration that the Commodity Exchange Act preempts Connecticut’s gambling law as applied to its sports event contracts, and a permanent injunction. It first drew Judge Stefan R. Underhill, who on September 24 transferred it to Judge Vernon D. Oliver — putting it with every other Connecticut prediction-market case. The state appeared on September 21. No injunction motion appears on the public docket. (Caption, docket and transfer confirmed via CourtListener.)

Changes

September 2026

  • Schedule

    Underdog’s Connecticut suit was transferred to Judge Oliver, who now has every Connecticut prediction-market case.

    CourtListener — 3:26-cv-01499
  • New case

    Underdog became the first platform to sue over Connecticut’s September 10 cease-and-desist orders, seeking a declaration that federal law preempts the state’s gambling law.

    CourtListener — 3:26-cv-01499

Timeline

September 15, 2026

Underdog sues Connecticut’s Attorney General and consumer-protection regulators over the September 10 cease-and-desist.

September 24, 2026

Judge Underhill transfers the case to Judge Oliver.

What's next: The defendants waived formal service on October 8, 2026. A docket entry recorded as a stay was made on October 23; its text is not on the public docket, so whether it is a motion or an order, and what it stays, is not yet known. No injunction motion appears on the public docket.

Parties

Plaintiffs

  • Underdog Exchange DCM, Inc.
  • UDM, LLC d/b/a Underdog Predict

Defendants

  • William Tong (Connecticut Attorney General)
  • Bryan T. Cafferelli (Commissioner, Connecticut Department of Consumer Protection)
  • Kristofer Gilman (Gaming Director, Department of Consumer Protection)
This page is informational, not legal advice. Nearly every entry in this tracker is a preliminary ruling under appeal. Always verify a platform's current, location-specific eligibility directly with the venue before relying on this page.