Tag: Robinhood
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
U.S. sportsbooks reckon with Super Bowl rival – futures markets
When financial technology upstart Kalshi facilitated more than $200 million worth of U.S. presidential election futures market trades last... more
Robinhood rolls back Super Bowl contracts market after federal regulator steps in
Trading platform Robinhood has been forced to roll back plans to launch sports contracts following intervention by the Commodity Futures... more
As Robinhood looks at sports betting, and DraftKings at election betting, it won’t be easy for either
The sometimes overlapping worlds of investing and wagering were abuzz on Wednesday after the chief executive officer of Robinhood Markets... more
Robinhood considering move into sports betting, CEO says
Robinhood CEO Vlad Tenev said Wednesday that the brokerage firm is considering expanding into sports betting in some way. “We’re keenly... more
