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Operator v. state

Underdog Exchange DCM, Inc. v. Wilson

U.S. District Court for the Northern District of Ohio, 1:26-cv-02169

Pending

Complaint filed Sept. 8, 2026 by Underdog Exchange DCM, Inc. and UDM, LLC against nine Ohio defendants; assigned to Judge Donald C. Nugent. No TRO or PI motion or ruling found.

The question

Whether the Commodity Exchange Act preempts Ohio gambling or sports-wagering law as applied to event contracts listed on a CFTC-designated contract market.

Underdog Exchange DCM, Inc. sued Ohio officials in federal court seeking declaratory and injunctive relief against application of state gambling law to its event contracts. Trade press reported it as one of five state suits Underdog filed around Sept. 8, 2026, as it gave up its daily-fantasy licenses in those states.

Docket timeline

  1. Complaint filed.

    Source: dockets.justia.com

Sources

  1. Justia docket: Underdog Exchange DCM v. Wilson, N.D. Ohio 1:26-cv-02169
  2. DeFi Rate legal tracker snapshot (Oct. 2026)
  3. SBC Americas: Underdog sues states, ditches DFS licenses (2026-09-09)
  4. CDC Gaming: Underdog sues five states

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