Detroit Says Robinhood Sports Contracts Imperil Its Economy

By Ganesh Setty · May 15, 2026, 4:35 PM EDT

The city of Detroit has urged a Michigan federal court to deny Robinhood Derivatives LLC's bid to block the state from enforcing its state gaming laws, arguing the company's sports-related event...

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Documents

Case Information

Case Title

Robinhood Derivatives, LLC v. Nessel et al

Case Number

1:26-cv-00730

Court

Michigan Western

Nature of Suit

Securities/Commodities

Date Filed

March 04, 2026