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RESTRICTEDCFTC-regulated venues · checked 7 OCT 2026

Is Robinhood legal in the US?

By Settled desk · Checked against 17 sources · NOT LEGAL ADVICE
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SHORT ANSWER

Robinhood Derivatives, LLC (registered futures commission merchant), routing to four exchange partners. It publishes no state-by-state list. Restricted or barred in Maryland, Michigan, Nevada. 9 states have taken action against it.

Where Robinhood is restricted or contested

STATEACCEPTSSPORTSSOURCE
CTConnecticutNOT STATEDNOT STATEDnone found
ILIllinoisNOT STATEDNOT STATEDnone found
KYKentuckyNOT STATEDNOT STATEDnone found
MOMissouriNOT STATEDNOT STATEDnone found
NJNew JerseyNOT STATEDNOT STATEDnone found
OHOhioNOT STATEDNOT STATEDnone found
WIWisconsinNOT STATEDNOT STATEDnone found

What the law says

2 OCT 2026Ohio: Ohio Casino Control Commission reasserted its 31 Mar 2025 notice to Robinhood Derivatives with a new cease and desist letter on sports event contracts, 14 days to comply. ingame.com ↗

16 SEP 2026Missouri: Missouri AG Hanaway sent a cease and desist letter to Robinhood Derivatives, LLC over unlicensed sports wagering in Missouri. ago.mo.gov ↗

10 SEP 2026Connecticut: Connecticut DCP issued nine cease and desist orders, incl. Polymarket, Robinhood and Novig, announced 10 Sep 2026; orders issued that week. portal.ct.gov ↗

9 SEP 2026Michigan: Michigan Gaming Control Board announced Robinhood Derivatives agreed under a court-approved agreement to stop new sports event contracts in Michigan, closing positions by 9 Oct. michigan.gov ↗

8 SEP 2026Wisconsin: E.D. Wis. (Judge Griesbach) stayed and administratively closed US v. Wisconsin pending decisions on appeals (docket text, doc 72). courtlistener.com ↗

28 AUG 2026Nevada: Ninth Circuit ruled 3-0 for Nevada: the Commodity Exchange Act does not preempt Nevada gaming law for sports-event contracts offered by Kalshi, Crypto.com and Robinhood. gaming.nv.gov ↗

28 JUL 2026Wisconsin: E.D. Wis. (Judge Griesbach) denied the CFTC's motion for a preliminary injunction against Wisconsin enforcing gambling law against five sports event contract venues; also denied intervention. storage.courtlistener.com ↗

23 JUN 2026Kentucky: CFTC and DOJ sued Kentucky in E.D. Ky. (US v. Kentucky, 3:26-cv-00049-SCM), CFTC release 9260-26, after Kentucky filed state-court actions on 17 Jun 2026. cftc.gov ↗

17 JUN 2026Kentucky: Kentucky filed enforcement actions in Franklin Circuit Court (26-CI-00689 vs Kalshi; 26-CI-00696 vs QCX/Polymarket) per the CFTC complaint. cftc.gov ↗

28 APR 2026Wisconsin: CFTC and DOJ sued Wisconsin in E.D. Wis. (US v. Wisconsin, 2:26-cv-00749), CFTC release 9220-26, after Wisconsin sued five prediction markets. cftc.gov ↗

23 APR 2026Wisconsin: Wisconsin DOJ announced lawsuits against Kalshi, Robinhood, Coinbase, Polymarket, Crypto.com and affiliates over alleged illegal sports betting via event contracts. wisdoj.gov ↗

2 APR 2026Connecticut: CFTC and DOJ sued Connecticut in D. Conn. (US v. Connecticut, 3:26-cv-00498), CFTC release 9206-26, over cease-and-desist letters to DCMs and an FCM. cftc.gov ↗

2 DEC 2025Connecticut: Connecticut Department of Consumer Protection sent a cease and desist order to Robinhood Derivatives, LLC (Case No. 2025-336) for unlicensed sports wagering. portal.ct.gov ↗

25 NOV 2025Nevada: Federal district court dissolved Kalshi's preliminary injunction and denied Robinhood a preliminary injunction in Nevada. gaming.nv.gov ↗

8 MAY 2025Nevada: Nevada Gaming Control Board sent Robinhood a letter warning it not to start offering sports event contracts in Nevada. gaming.nv.gov ↗

1 APR 2025Illinois: Illinois Gaming Board sent a cease and desist letter to Robinhood for suspected unlicensed sports wagering. igb.illinois.gov ↗

31 MAR 2025Ohio: Ohio Casino Control Commission issued its original cease and desist notice to Robinhood on 31 Mar 2025, as recounted in its 2 Oct 2026 letter. ingame.com ↗

27 MAR 2025New Jersey: New Jersey Division of Gaming Enforcement issued a cease and desist letter to Robinhood Markets over unauthorized sports wagering. nj.gov ↗

Sources. 17 primary and court sources, each quoted on our side and read on 7 Oct 2026: robinhood.com, ingame.com, ago.mo.gov, portal.ct.gov (2), michigan.gov, courtlistener.com, gaming.nv.gov (2), storage.courtlistener.com, cftc.gov (4), wisdoj.gov, igb.illinois.gov, nj.gov. A cell marked not stated means no source we found says it either way.
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FEE AT 50¢: 1.5% to 3.5%
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No partner links here: both go to our own fee pages.
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