Possible scenario
Federal Court Fight
35% Chance
Robinhood, Kalshi, Crypto.com, and other recipients challenge Ohio's cease-and-desist orders on federal preemption grounds. The most likely near-term path is another court test of whether CFTC-regulated event contracts can be treated as illegal sports betting by state regulators.
Secondary impacts
- Consumer Services +0.1%
Tickers
- HOOD-0.4%
- DKNG+0.1%
- FLUT+0.1%
Portfolio impact
S&P 500+0.0%
Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.
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