A growing number of individual investors are gravitating to new products that are blurring the lines between investing and ...
Feb. 8, 2025: Ahead of the Super Bowl, a CFTC filing reveals that Kalshi is self-certifying markets allowing bets on game winners, effectively mirroring moneyline betting. Feb. 4, 2025: Robinhood ...
Most notably, Robinhood, in partnership with prediction market Kalshi, rolled out event contracts tied to last Sunday’s Super Bowl – but only for a day. On Feb. 4, Robinhood said the U.S ...
While the CFTC has pushed back against certain event contracts in the past - like the Super Bowl contracts on Robinhood and the Luigi Mangione contracts on Kalshi - the regulatory environment for ...
Betters are banking on Sean Baker's "Anora" to win big at the 97th Academy Awards, which premieres on Sunday from the Dolby ...
The Nevada Gaming Control Board has ordered Kalshi to stop offering its event prediction markets, deeming it unlicensed ...
The day prior, Kalshi had announced a partnership with the Robinhood brokerage platform to offer prediction contracts. As part of the collaboration, Robinhood offered Super Bowl event contracts to ...
Robinhood is just the latest company in the mix, announcing on Monday that the Securities and Exchange Commission has closed its investigation into the company and will not pursue an enforcement ...