The New Jersey Department of Gaming Enforcement sent Robinhood and Kalshi a cease and desist order for the company’s sports ...
Robinhood and Kalshi are “listing unauthorized sports wagers” through their prediction markets, New Jersey regulators said.
Ohio is the latest state to close to trading platforms that offer event contracts which resemble sports betting.
Massachusetts regulators are investigating Robinhood over launching a prediction markets hub, a way of letting users bet on its platform.
Robinhood recently launched a predictions-market product that allows users to make predictions on a broad menu of events, ...
But popular retail brokerage Robinhood Markets Inc. doesn't believe sports betting and sports event contracts are the same thing. On a support page it wrote, "Robinhood event contracts allow for ...
Sports betting is being done through financial trading platforms now. Getty Images As part of its request for records from Robinhood, the subpoena Galvin’s office issued is asking for internal ...
The Massachusetts Secretary of State's office issued a subpoena to Robinhood, the electronic trading platform, seeking ...
Massachusetts regulators are investigating Robinhood ... betting on the outcome. The secretary’s office wants information by April 3 about Massachusetts residents requesting to bet on college ...
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