Overview

• Robinhood began rolling out markets to trade outcomes of all NFL regular-season games and matchups involving Power Four college programs and independents, starting with the first two weeks and adding games weekly.
• The offerings are structured as event contracts executed on Kalshi’s federally regulated exchange where buyers and sellers set prices rather than sportsbook lines.
• Access is expanding to eligible U.S. customers in the coming days, with trading available daily from 8 a.m. to 3 a.m. ET, according to the company.
• Robinhood sued gaming regulators in Nevada and New Jersey to block potential enforcement actions against event contracts, following earlier CFTC pressure and multiple state cease-and-desist orders targeting similar products.
• At launch the football product focuses on game outcomes, with plans to list Super Bowl and College Football National Championship winner markets, and Robinhood reports more than 2 billion prediction contracts traded since debut.