Robinhood sues Massachusetts officials over sports event contracts
Robinhood filed suit on 15 September 2025 against Massachusetts Attorney General Andrea Joy Campbell and the Massachusetts Gaming Commission, seeking an injunction against state regulation of its role in sports event contracts. Robinhood argues that state action would conflict with the Commodity Exchange Act and says its customers’ contracts trade on Kalshi’s exchange.
The case challenges Massachusetts’ authority over Robinhood’s role in offering sports event contracts through Kalshi.