KalshiEX LLC
Robinhood Launches “Pro Football Championship” Contracts
Robinhood Derivatives LLC (RHD) has launched event contracts for the Pro Football Championship. The trading platform launched the event contracts on Monday to let U.S. customers wager on the outcome of the Super Bowl clash, seeking to tap into the betting mania around one of the most iconic sporting events in the country.
“Robinhood’s mission is to democratize finance for all. With an emerging asset class like event contracts, we recognize an opportunity to better serve our customers as their interests converge across the markets, news, sports, and entertainment,” the company said.
Available in all 50 states through KalshiEX LLC, a regulated exchange, the Pro Football Championship event contract gives eligible customers the power to trade on the outcome of the big game.
Event contracts for the Pro Football Championship leverage the power and rigor of financial market structure to facilitate greater liquidity, transparency, and price discovery.
The Pro Football Championship event contract lets customers trade one of two different event contracts based on their prediction for “who will win” between Kansas City or Philadelphia. To participate, customers must download the latest version of the app, and apply and meet certain criteria to be approved for a RHD account.
Event contracts for the Pro Football Championship follows the launch of the Presidential Election Market last October, which enabled customers to trade event contracts through RHD based on their prediction for “who will win the 2024 presidential election.”
The post Robinhood Launches “Pro Football Championship” Contracts appeared first on Gaming and Gambling Industry in the Americas.
Attorney General Andrea Joy Campbell
AG Campbell Secures Court Order That Will Block Kalshi from Offering Unlawful Sports Wagers in Massachusetts
Massachusetts Attorney General Andrea Joy Campbell released the following statement after securing a preliminary injunction in her lawsuit against KalshiEX LLC (Kalshi), a self-described online “prediction market”. The court’s order will allow a preliminary injunction to take effect, prohibiting Kalshi from accepting online sports wagers and related events contracts from Massachusetts customers until the company follows the state laws that govern sports gaming, including licensure by the Massachusetts Gaming Commission (MGC). The order also denied Kalshi’s motion to dismiss the AGO’s lawsuit filed against them in September 2025.
“The Court has made clear that any company that wants to be in the sports gaming business in Massachusetts must play by our rules – no exceptions. Today’s victory marks a major step toward fortifying Massachusetts’ gambling laws and mitigating the significant public health consequences that come with unregulated gambling, “ said AG Campbell.
In September, AG Campbell filed a lawsuit against Kalshi, alleging that the company uses an online “exchange” to offer sports wagering under the guise of “event contracts,” which allow bettors to place wagers connected to sports, such as the likelihood of a certain team winning a game or a certain player scoring a particular number of points. Kalshi’s platform offers “event contracts” on sporting events, including moneyline contracts, point spread contracts, and over-under contracts. These “event contracts” closely resemble sports wagers offered by licensed operators. The platform actively promotes its sports wagering offerings on television, social media, and online. Kalshi has neither applied for nor received a Massachusetts sports wagering license from the MGC, as required by law.
This matter is representative of AG Campbell’s ongoing efforts to combat the public health harms associated with sports betting and gambling, especially among young people. In June 2025, AG Campbell issued cease-and-desist letters to two online gaming operators for offering online gambling and betting products without obtaining a license. In March of 2024, AG Campbell announced the formation of the Youth Sports Betting Safety Coalition, a private-public partnership to raise awareness about the laws and risks surrounding youth online sports gambling.
The post AG Campbell Secures Court Order That Will Block Kalshi from Offering Unlawful Sports Wagers in Massachusetts appeared first on Americas iGaming & Sports Betting News.
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