CNBC's Becky Quick reports on the latest news.
Some customers will be able to wager on the outcome of the Chiefs vs the Eagles in Robinhood's first foray into sports ...
The halt comes just a day after Robinhood launched the product. Robinhood said on Tuesday it is rolling back the event ...
Robinhood reversed course just a day after introducing events contracts that would have allowed investors to trade based on ...
While Kalshi is regulated by the CFTC, the prediction market is not able to list contracts that include gaming, a vague area ...
Robinhood Markets Inc. is getting in on the sports event contracts craze, offering retail investors the opportunity to place ...
Robinhood (HOOD) is diving into sports mania by launching Super Bowl prediction contracts, allowing U.S. users to bet on who ...
Robinhood had partnered with Kalshi to accept trades on the outcome of the Super Bowl and other sports events, in all 50 states.
The platform with nearly 25 million customers provided the option to purchase contracts on who would win the “Pro Football ...
The CFTC asked the brokerage to stop offering customer access to contracts, warning that they might be illegal blurring of ...
Before the CFTC decision, Robinhood, which boasts nearly 25 million users, had offered contracts on the Super Bowl outcome, allowing users to buy a “Yes” contract with a $1 payout if their chosen team ...
Robinhood and Kalshi have pulled their Super Bowl event contracts at the request of the U.S. Commodity Futures Trading ...