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Robinhood Rolls Out NFL and College Football Event Contracts, Reopens Sports Trading in New Jersey and Nevada

The rollout relies on Kalshi’s CFTC-regulated exchange, escalating a state–federal dispute over the products’ legal status.

Mark J. Rebilas-Imagn Images
Jayne Kamin-Oncea-Imagn Images
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Overview

  • Customers can trade outcomes of all NFL regular-season games and Power 4 college matchups, with initial listings for the first two weeks and additional games added weekly.
  • The markets run inside Robinhood’s Prediction Markets Hub via Kalshi’s exchange, with trading expected daily from about 8 a.m. to 3 a.m. ET.
  • Robinhood resumed sports offerings in New Jersey and Nevada and sued those states’ regulators in federal court to block potential enforcement actions.
  • Federal rulings are mixed, with judges allowing Kalshi’s sports contracts to proceed in New Jersey and Nevada while a Maryland court backed that state’s regulator pending appeal.
  • In Massachusetts, users may be able to trade on in‑state college games such as Boston College, and Secretary of State William Galvin has opened an investigation into Robinhood’s sports contracts.