May 15, 2026
The city of Detroit has urged a Michigan federal court to deny Robinhood Derivatives LLC's bid to block the state from enforcing its state gaming laws, arguing the company's sports-related event contracts threaten Detroit's tax revenue and local economy.
April 30, 2026
A coalition of tribal gaming groups and federally recognized tribes won permission on Thursday to file briefs backing Michigan officials in suits by Robinhood Derivatives LLC and Polymarket US over sports-related event contracts, arguing the companies' claims threaten to upend tribal-state gaming regulation and siphon revenue from tribal governments.
March 17, 2026
A federal judge signed off Monday on an agreement between Michigan Attorney General Dana Nessel and Robinhood Derivatives LLC, stating that the attorney general's office must give 48 hours' notice if it plans to take enforcement action against the securities trading company for sports betting.
March 10, 2026
Robinhood Derivatives LLC has asked a Michigan federal judge to block the state from enforcing gaming laws against it, arguing that federal statutes give the Commodity Futures Trading Commission jurisdiction over sports-related event contracts.
March 05, 2026
Robinhood Derivatives LLC has filed suit against the Michigan attorney general and state gaming regulators, asking a federal judge to bar the state from using its gambling laws to target federally regulated sports event contracts.