Crypto.com suspended its sports event contracts in Nevada in November 2025 after a court declined to pause the state action. A federal appeal is pending, and the CFTC has filed in support.
Last reviewed 20 June 2026 · Availability as of June 2026 · Information, not legal advice
As of June 2026, Crypto.com sports event contracts are not available to a Nevada resident. Crypto.com suspended the product in Nevada on 3 November 2025, after a federal judge declined to block the Nevada Gaming Control Board action while litigation continued. The company is appealing to the Ninth Circuit, and the CFTC filed a brief in February 2026 supporting federal authority over these contracts. Until the appeal is resolved, the Nevada market stays paused.
Where the legal position is contested or moving, we say so plainly rather than guessing. A federal listing does not override every state question, and your personal eligibility can still differ.
Crypto.com began offering sports event contracts in the United States in 2025, structured as event contracts on a designated contract market overseen by the Commodity Futures Trading Commission. The company treats that federal listing as the legal basis for the product. Nevada, home to a large licensed sports betting industry, took a different view. From May 2025 the Nevada Gaming Control Board issued cease and desist letters, arguing that these contracts amount to unlicensed sports betting under state law.
Crypto.com responded by suing in federal court and asking for a preliminary injunction so it could keep operating in Nevada while the case continued. In October 2025 a United States District Court judge declined to grant that injunction. Rather than continue in the face of the ruling, Crypto.com suspended its Nevada sports event contracts on 3 November 2025. The company also paused the product in several other states around the same period as similar disputes spread.
The fight is not over. Crypto.com is appealing to the Ninth Circuit, and in February 2026 the CFTC filed a brief supporting the company, arguing that states cannot invade the federal regulator's exclusive authority over designated contract markets by relabeling contracts traded there as illegal gambling. That question, whether a state can apply its gambling law to a federally listed event contract, is genuinely contested and unresolved as of June 2026. Until it is settled, a Nevada resident cannot trade Crypto.com sports event contracts.
We are not showing an open account or compare module on this page because Crypto.com sports event contracts are suspended in Nevada as of June 2026. We only point readers to a platform where it is genuinely legal and available to them. If the Nevada position changes, we will update this page and its review date. For now, the honest answer is that the product is paused here while the appeal proceeds.
Crypto.com offers these contracts on a CFTC regulated designated contract market, while the Nevada Gaming Control Board argues they are unlicensed sports betting. A federal judge declined to pause the state action in October 2025, the matter is on appeal to the Ninth Circuit, and the CFTC has filed in support of federal authority. Confirm the live position with the platform and the regulators before relying on anything here.
Status as of June 2026. We never invent a citation, and where a position is contested we mark it as contested.
A contested legal status is a reason for caution, not a workaround. Prediction markets and event contracts can lose you money. Stake only what you can afford to lose, never to chase a loss, and never on borrowed money. If gambling stops feeling like a free choice, step back. In the United States you can call or text the national problem gambling helpline at 1 800 GAMBLER, or visit ncpgambling.org.
No. As of June 2026 Crypto.com suspended its sports event contracts in Nevada on 3 November 2025 while it appeals a court ruling. This is general information, not legal advice.
The Nevada Gaming Control Board issued cease and desist letters arguing the contracts are unlicensed sports betting. After a federal judge declined to pause the state action in October 2025, Crypto.com suspended the Nevada product.
Crypto.com lists them on a CFTC regulated designated contract market, so the federal regulator is the CFTC. Nevada's Gaming Control Board asserts state authority over what it views as sports betting. The two positions are in conflict.
Yes. In February 2026 the CFTC filed a brief supporting Crypto.com on appeal, arguing that states cannot recharacterize swaps on designated contract markets as illegal gambling.
Possibly, depending on the Ninth Circuit appeal. The question of whether a state can apply its gambling law to a federally listed event contract is unresolved as of June 2026. We will update this page if the position changes.