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Robinhood Tries to Rebrand Sports Betting as Investing
Robinhood has gotten a reputation as a platform where people make wildly speculative investments without sufficient guardrails. So it’s only right that it’s getting into the sports betting business. The company announced on Tuesday that it is launching “prediction markets” for college and professional football as part of a partnership with Kalshi.
“Bringing these markets under CFTC oversight gives consumers the same level of protections as Wall Street traders and ...
Robinhood sued Nevada and New Jersey regulators over event contract disputes. What does this mean for the future of prediction markets?
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Robinhood sues Nevada over sports futures contracts as gaming enforcement stands firm
Robinhood is suing the Nevada Gaming Commission, escalating the battle over Nevada’s authority to prohibit sports futures ...
The announcement of oral arguments follows New Jersey’s Aug. 14 response to a Kalshi brief, in which the prediction market ...
Kalshi, the prediction market, has launched new sports wagers on its platform. Here's what we know on these new additions.
Kalshi is boldly going where state-regulated sportsbooks have gone before, into the business of offering point spreads, ...
Newsom is the only one of the three to see a dramatic rise in his odds, which are set at 27%. He’s followed by Rep. Alexandria Ocasio-Cortez of New York, with a 13% chance, former Transportation ...
Kalshi has argued that Nevada’s effort to require discovery in the two parties’ lawsuit is a distraction, and that the state ...
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