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Robinhood halts Super Bowl betting contracts

Hosted on MSN · 3d

Robinhood Says CFTC Asked It to Halt Super Bowl Wagers

Robinhood Markets Inc. said it received a formal request from the Commodity Futures Trading Commission to suspend its offerings for traders to place bets on the outcomes of the Feb. 9 Super Bowl game.

Reuters on MSN · 4d

Robinhood halts rollout of Super Bowl betting contracts after CFTC request

Robinhood said on Tuesday it is rolling back the event contracts that would let users bet on the result of the Super Bowl clash this weekend, after the online brokerage received a request from the U.S.

Benzinga.com · 3d

Robinhood Ends Super Bowl LIX Bets Plan After CFTC Complaint: 'Work To Roll Out A More Comprehensive Contracts Platform Later This Year'

While Kalshi is regulated by the CFTC, the prediction market is not able to list contracts that include gaming, a vague area that has led to disputes and likely ended the Robinhood launch, as reported by the Wall Street Journal. The CFTC is reviewing Super Bowl contracts issued by Kalshi and Crypto.com.

4don MSN

Robinhood Hits the Brakes on Sports Event Contracts Following CFTC Request

Robinhood reversed course just a day after introducing events contracts that would have allowed investors to trade based on ...

Robinhood To Debut Futures for Bitcoin, Stocks, and Forex Markets

Robinhood Markets will soon expand its trading offerings with the launch of futures trading for the crypto, stocks, and forex ...

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