Robinhood in Talks with Crypto.com for Prediction Markets Integration
Robinhood Markets is reportedly in discussions with Crypto.com to bring the digital currency exchange's prediction markets business onto Robinhood's platform.
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Robinhood Markets is reportedly in discussions with Crypto.com to bring the digital currency exchange's prediction markets business onto Robinhood's platform.
A group of prediction market operators, including Kalshi, Crypto.com, Robinhood, and Coinbase, says states are working with casino lobby groups to stop them from offering event contracts.
After outperforming the S&P 500 Index for two consecutive weeks, the Roundhill Sports Betting & iGaming ETF underperformed last week, falling 3.8% versus the 1.4% rise in the broad-based index.
Robinhood finds itself in the middle of a brewing battle over prediction markets and their connection to sports betting, with a legal challenge filed in federal court in California.
Gaming stocks had yet another lackluster week with Corsair Gaming leading the gainers, while Super Group and Rush Street faced losses.