United States of America: Department of Consumer Protection issued cease and desist order against Robinhood over unlicensed online gambling
Description
Department of Consumer Protection issued cease and desist order against Robinhood over unlicensed online gambling
On 2 December 2025, the Department of Consumer Protection issued a cease and desist order against financial service provider Robinhood over unlicensed online gambling. The Department claims that Robinhood conducts sports wagering through its online …
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
platform intermediary: other
Implementation Level
subnational
Government Branch
executive
Government Body
central government