Robinhood agrees to withdraw sports event contracts from Michigan pending litigation
By SectorWire desk ·
Summary
Robinhood agreed to withdraw sports event contracts from Michigan pending court proceedings. The withdrawal extends at least until the Sixth Circuit rules on appeals involving Robinhood, Coinbase and Kalshi, alongside a state court case against Kalshi.
Why it matters
Robinhood’s sports event contracts remain withdrawn from Michigan at least until the Sixth Circuit rules on related appeals.