Robinhood Lawsuits: Litigation Tracker
Last updated September 25, 2026. Snapshot, not legal advice.
Cases
12
Pending
7
Pro-market
1
Anti-market
3
Resolved
1
Summary
Robinhood is a party to 12 cases of the 74 on this tracker, involving 11 states.
Restricted (3)
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Blue Lake Rancheria v. Kalshi, Inc.
No. 3:25-cv-06162 · No. 25-7504
The Ninth Circuit held the tribes likely to succeed under IGRA (September 16, 2026, published): Kalshi’s sports contracts are class III gaming when entered from tribal land, and the Commodity Exchange Act does not displace IGRA.Checked Sep 22, 2026
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Robinhood Derivatives, LLC v. Dreitzer
No. 2:25-cv-01541 · No. 25-7831 · No. 26-338
Robinhood petitioned the Supreme Court (September 10, 2026; No. 26-338) after the Ninth Circuit affirmed the denial of its TRO by unpublished memorandum in August.Checked Sep 22, 2026
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Robinhood Derivatives, LLC v. Nessel
No. 1:26-cv-00730 · No. 26-1542
Judge Maloney denied Robinhood Derivatives a preliminary injunction (June 2026) in an opinion issued alongside the Polymarket US denial.Checked Sep 22, 2026
Blocked for Market (2)
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Robinhood Derivatives, LLC v. Flaherty
No. 1:25-cv-14723
New Jersey agreed to a consent injunction (August 2025) barring enforcement against Robinhood over Kalshi-traded sports contracts while Kalshi’s appeal ran; extended by consent in May 2026.Checked Sep 25, 2026
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Connecticut cease-and-desist letters (December 2025)
Connecticut’s consumer-protection regulator ordered Kalshi, Robinhood and Crypto.com to stop offering sports event contracts in the state (December 2, 2025), triggering the platform suits and then the federal preemption suit against Connecticut.Checked Sep 22, 2026
Pending (7)
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Connecticut cease-and-desist orders to nine platforms (September 2026)
Connecticut ordered nine more platforms to stop offering sports event contracts (September 10, 2026) and issued about thirty subpoenas to vendors, app stores and media organizations.Checked Sep 22, 2026
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Missouri Attorney General cease-and-desist letters (September 2026)
Missouri’s Attorney General told six platforms to stop offering sports event contracts or get licensed and taxed as sportsbooks (letters dated September 16, 2026).Checked Sep 22, 2026
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Mayor and City Council of Baltimore v. Kalshi
No. C-24-CV-26-005532 · No. 1:26-cv-03217
Baltimore sued Kalshi and three brokerage distributors under the city’s Consumer Protection Ordinance — the first municipal action of the fight.Checked Sep 22, 2026
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Kentucky enforcement actions v. Kalshi & others (Franklin Circuit Court)
No. 26-CI-00689 · No. 26-CI-00696 · No. 3:26-cv-00048
Kentucky’s AG sued Kalshi, Polymarket, and distribution partners (June 2026), plus an excise tax; the CFTC then sued the state.Checked Sep 22, 2026
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Robinhood Derivatives LLC v. Griffin
No. 3:26-cv-05311
Administratively stayed by stipulation (May 2026) pending the Ninth Circuit, under a negotiated order governing enforcement in the meantime.Checked Sep 22, 2026
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State of Wisconsin v. Kalshi, Inc.
No. 26-CV-1284 · No. 3:26-cv-00378
Wisconsin sued Kalshi, Polymarket US and Crypto.com in three parallel actions on April 24, 2026, prompting the federal countersuit against the state.Checked Sep 4, 2026
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Robinhood Derivatives, LLC v. Campbell
No. 1:25-cv-12578 · No. 26-1257
Dismissed without prejudice as unripe (March 2026) after Robinhood stopped routing sports contracts to a second exchange; on appeal to the First Circuit on ripeness and standing only.Checked Sep 25, 2026
What Changed
Logged September 25, 2026
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Robinhood Derivatives, LLC v. Campbell
Added to the tracker: Robinhood Derivatives’ Massachusetts preemption suit, dismissed twice as unripe and now fully briefed at the First Circuit (No. 26-1257) on ripeness and standing.
CourtListener — Robinhood Derivatives, LLC v. Campbell, No. 26-1257 (1st Cir.) -
Robinhood Derivatives, LLC v. Flaherty
Added to the tracker: Robinhood Derivatives’ New Jersey suit, stayed under a consent injunction that bars enforcement over Kalshi-traded sports contracts and was extended in May 2026.
Consent order granting preliminary relief, 1:25-cv-14723 (D.N.J.), ECF 22
Logged September 22, 2026
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Blue Lake Rancheria v. Kalshi, Inc.
The Ninth Circuit reversed in part for the California tribes in a published opinion: Kalshi’s sports contracts are class III gaming when entered from tribal land, and the Commodity Exchange Act does not displace the Indian Gaming Regulatory Act. It remanded for the remaining injunction factors; no injunction is in place yet.
Ninth Circuit opinion, No. 25-7504 -
Missouri Attorney General cease-and-desist letters (September 2026)
Missouri’s Attorney General told Kalshi, Polymarket, Crypto.com, Novig, Underdog and Robinhood to stop offering sports event contracts or be licensed and taxed as sportsbooks. No suit has been filed by either side.
Missouri AG — letter to Kalshi -
Robinhood Derivatives, LLC v. Nessel
Michigan filed its Sixth Circuit brief and asked for oral argument. Our entry had also omitted Robinhood’s August 17 opening brief and the August 24 amicus briefs from the CFTC and the Coalition for Prediction Markets.
CourtListener — No. 26-1542 (6th Cir.) -
Robinhood Derivatives, LLC v. Dreitzer
Robinhood petitioned the Supreme Court, No. 26-338. It suggests the Court may wish to wait for the CFTC’s pending rule, but asks for a grant alongside New Jersey’s petition if that one is taken. Nevada’s response is due October 14, 2026.
Supreme Court docket No. 26-338
2 more changes
Logged September 22, 2026
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Connecticut cease-and-desist orders to nine platforms (September 2026)
Connecticut ordered nine more platforms — Polymarket, Coinbase, Crypto.com, Robinhood, ProphetX, Novig, Webull, Gemini and Underdog — to stop offering sports event contracts, and subpoenaed about thirty vendors, app stores and media organizations.
Governor of Connecticut — announcement -
Kentucky enforcement actions v. Kalshi & others (Franklin Circuit Court)
Kentucky’s June filings were two complaints, not one: the Kalshi action (No. 26-CI-00689, Judge Shepherd) names Kalshi with its brokers Robinhood, Webull and Coinbase, and Polymarket is sued separately. Kalshi removed its case to federal court; Kentucky’s remand motion was fully briefed August 31.
Kentucky AG — Kalshi complaint (No. 26-CI-00689)