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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.
Robinhood Derivatives has sued gaming officials in Nevada and New Jersey for trying to prevent it from offering sports event contracts.
The announcement of oral arguments follows New Jersey’s Aug. 14 response to a Kalshi brief, in which the prediction market ...
Robinhood sued Nevada and New Jersey regulators over event contract disputes. What does this mean for the future of prediction markets?
Kalshi, the prediction market, has launched new sports wagers on its platform. Here's what we know on these new additions.
“Bringing these markets under CFTC oversight gives consumers the same level of protections as Wall Street traders and ...
Cryptopolitan on MSN2d
More than half of Kalshi traders now bet on Gemini to win the AI race
Traders buy and sell contracts on Kalshi, a regulated US prediction market where people bet on real events. The “best AI ...
Ho-Chunk Nation sues Kalshi over sports contracts, joining California tribes in challenging prediction market’s legality.
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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