Tag: Robinhood
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
Prediction markets drive $200 million surge for Robinhood
Investment firm Piper Sandler has reported that Robinhood’s push into prediction markets is paying off, with sports betting and event... more
Massachusetts: Robinhood sues Gaming Commission in response to Kalshi lawsuit
Trading platform Robinhood has filed a lawsuit against the Massachusetts Gaming Commission over the potential enforcement of state gambling... more
Caesars Entertainment dropped from S&P 500, displaced by Robinhood
Four and a half years after its stock was listed on the S&P 500, Caesars Entertainment is being removed from the benchmark index due to... more
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
