Is Robinhood legal in Maryland?

No: Robinhood does not offer event contracts in Maryland. The Maryland Lottery and Gaming Control Commission ordered Robinhood Derivatives on April 7, 2025 to stop offering sports event contracts. Robinhood's help page says Maryland residents can't trade event contracts at all. Baltimore also named Robinhood in its August 13, 2026 suit.

Updated Oct 19, 2026 · not legal advice

Reviewed by Vardan Khachatryan · Oct 19, 2026

The short answer

No: Robinhood does not offer event contracts in Maryland.

Maryland Lottery and Gaming Control Commission cease-and-desist (Apr 7, 2025); Robinhood, Event contract restrictions (help page, Oct 2026) – source

What you can trade from Maryland

Nothing: Robinhood does not offer event contracts in Maryland. Other venues here: Kalshi (disputed), Polymarket (disputed), DraftKings (not covered), FanDuel (not covered).

What Maryland's regulator has said

No action against Robinhood specifically is on record; the status above rests on the cited source.

Change log

Oct 19, 2026
Current statusNo: Robinhood does not offer event contracts in Maryland. It rests on Maryland Lottery and Gaming Control Commission cease-and-desist (Apr 7, 2025); Robinhood, Event contract restrictions (help page, Oct 2026).

How this compares to Maryland sports betting

Where a state allows sports betting, sportsbooks are licensed and taxed by that state; an event contract on a federal exchange is neither, which is the whole dispute. The Maryland action concerns all of Robinhood's event contracts. Whether a state may enforce at all is the question the federal appeals courts have split on. Maryland is outside the Third, Sixth and Ninth Circuits, the three appeals courts that have ruled. The question is unresolved there. Litigation tracker

Common questions

Is Robinhood legal in Maryland?

No: Robinhood does not offer event contracts in Maryland. The Maryland Lottery and Gaming Control Commission ordered Robinhood Derivatives on April 7, 2025 to stop offering sports event contracts. Robinhood's help page says Maryland residents can't trade event contracts at all. Baltimore also named Robinhood in its August 13, 2026 suit.

Can I still use Robinhood in Maryland for non-sports markets?

No. The Maryland restriction covers all event contracts.

Is this legal advice?

No. It summarises public rulings and actions, each cited. For a decision that matters, ask a lawyer licensed in the state.