Tag: Robinhood
The gray area Robinhood and FanDuel are using to bring sports betting and stock trading closer together
The worlds of sports betting and stock trading have never been more closely connected. And bringing these two industries together is one... more
Robinhood sues state gambling regulators in Nevada and New Jersey
Robinhood has resumed sports-related offerings in New Jersey and Nevada and sued those states’ gaming regulators in federal court, citing... more
Robinhood made $10M from Q2 event contracts, most of Kalshi’s volume
Robinhood users traded around $1 billion worth of event contracts on Kalshi markets during the second quarter of the year, the company’s... more
Robinhood made $10M from second-quarter event contracts, delivered most of Kalshi’s volume
Robinhood users traded around $1 billion worth of event contracts on Kalshi markets during the second quarter of the year, the company’s... more
Three California tribes sue Kalshi and Robinhood for ‘illegal sports betting’
Three California tribes sued Kalshi and Robinhood Tuesday, calling for the prediction market’s sports event contracts to be blocked on... more
Prediction markets are gaming’s next big shortcut to 50-state access
Prediction markets are creeping into the national spotlight and depending who you ask, they’re either the future of federally regulated... more
Illinois, Ohio the latest to send cease-and-desist letters to Kalshi, Robinhood, and Crypto.com
The Illinois Gaming Board has now joined the growing number of gaming regulatory agencies that have sent cease-and-desist letters to... more
New Jersey regulator issues cease-and-desists to Kalshi and Robinhood: report
The growing conflict between states with regulated sports betting and the trading platforms offering prediction markets on sporting events... more
Massachusetts financial regulators probe Robinhood over March Madness betting
Massachusetts’ top securities regulator has begun an investigation into trading platform Robinhood’s decision to launch a... more
Robinhood, partnering with Kalshi, relaunches sports event markets for March Madness
Robinhood returned to the sports betting prediction markets scene Monday, again partnering with Kalshi to offer exchanges for the upcoming... more