Tag: Robinhood
NFL officially flags prediction markets as sports betting
26 August 2025 at 6:43am UTC-4
The NFL has provided a warning over prediction markets, saying that they mimic traditional sports betting and are therefore prohibited for players and league personnel.
During ...
Robinhood may circumvent state ban on Boston College football wagers
25 August 2025 at 6:07am UTC-4
Massachusetts residents may soon be able to place bets on the Boston College football team via the Robinhood app, despite a state-wide ban on in-state college team betting ...
Robinhood launches prediction markets for NFL season
20 August 2025 at 7:19am UTC-4
Robinhood has launched new prediction markets, allowing users to trade on the NFL and college football.
The trading platform plans to offer the markets for the first two weeks ...
Robinhood’s second quarter beats Wall Street expectations
1 August 2025 at 7:11am UTC-4
Prediction platform Robinhood reported US$989 million in second-quarter revenue, a 45% year-over-year increase, beating Wall Street’s estimate of US$908 million.
Net interest ...
Arizona Gaming Director criticises Commodity Futures Trading Commission
5 June 2025 at 7:41am UTC-4
Director of the Arizona Department of Gaming Jackie Johnson has criticized the Commodity Futures Trading Commission for its handling of prediction markets offered by companies ...
Ohio sends prediction market operators cease-and-desist letters
2 April 2025 at 7:34am UTC-4
The Ohio Casino Control Commission has issued cease-and-desist letters to event contract prediction markets Kalshi, Robinhood and Crypto.com.
Operators need a license from the ...
Massachusetts investigates Robinhood’s March Madness event contracts
25 March 2025 at 7:48am UTC-4
Massachusetts’ top securities regulator has started a probe into Robinhood’s sports predictions markets, including those covering March Madness, according to an exclusive ...
Robinhood launches prediction market in time for March Madness
18 March 2025 at 8:22am UTC-4
Trading platform Robinhood Markets has launched a new prediction markets hub available within the Robinhood app through its derivatives trading subsidiary Robinhood Derivatives ...
Robinhood rolls back Pro Football Championship Market after regulator steps in
5 February 2025 at 6:57am UTC-5
Trading platform Robinhood has been forced to roll back plans to launch sports contracts following intervention by the Commodity Futures Trading Commission.
Robinhood only ...
Robinhood launches event contracts ahead of Super Bowl
4 February 2025 at 7:28am UTC-5
Trading and investment platform Robinhood has launched Pro Football Championship event contracts.
This will allow its users to buy event contracts on the outcome of the ...