Tag: Robinhood
Kalshi parlays make more money than non-sports markets after Robinhood launch
Robinhood’s launch of Kalshi parlays has helped turn them into a serious part of Kalshi’s business, with combo bets making more money... more
Robinhood eyes divide in Massachusetts’s Kalshi crackdown
Robinhood asked a US judge to block Massachusetts from applying its gaming laws to its sports prediction operations one day after a state... more
Kalshi argues Ho-Chunk case should be dismissed, claims exemption from tribal gaming law
Arguing that despite the efforts from Wisconsin’s Ho-Chunk Nation to “affix the ‘sports betting’ label” to its sports event... more
Native American groups back legal brawl with Kalshi, Robinhood
A slate of Native American groups have filed a legal brief in support of a Wisconsin tribe’s case against prediction marketplace operator... more
Robinhood positioned to benefit more from prediction markets than Coinbase, report says
Online trading platform Robinhood is expected to benefit more than cryptocurrency exchange Coinbase from the growth of prediction markets,... more
Robinhood expands into offering NFL parlays and prop bets
Robinhood is expanding its prediction markets platform by now offering its customers the ability to place NFL parlay and prop bets.... more
Native American tribes fight sports betting rivals, with gaming investment and income at risk
Inside a Native American casino in Wisconsin, cards shuffle atop green felt tables and coins clink into metal trays. The Ho-Chunk Nation... more
Robinhood teams up with Susquehanna to launch prediction market — but won’t abandon Kalshi
Kalshi’s main source of volume, Robinhood, and most notable outside market maker, Susquehanna International Group, will team up to launch... more
Robinhood posts US$1.27 billion revenue in the third quarter
Trading platform Robinhood Markets has reported third quarter revenues of US$1.27 billion, a 100% increase from the same period last year... more
Robinhood vice president mulls prediction platform growth via acquisition or JV
Robinhood Vice President and General Manager of Futures and International JB Mackenzie has said that Robinhood’s prediction market... more
