From the official ruling:
This means that the Redskins now have no legal protection whatsoever against illegally merchandised products, and can't sue for unlicensed use of their team name or any of the logos that fell under the Patent Office's decision.
Undoubtedly, Snyder will appeal this, and we're a long way from any sort of real conclusion to this story, but this is a strong step from the U.S. government to wrestle away the "Redskins" name, which is thought by many to be offensive.
Snyder has pledged to keep the name until he dies, but this decision carries some serious financial weight. Could this be the first step in forcing his hand?
If there's anything that could change his mind, it could be the thought of losing all his merchandise revenue to bootleggers without being able to do a single thing about it.