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Robinhood halts Super Bowl betting
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.
Robinhood removes Super Bowl betting contracts after pushback from regulator CFTC
CNBC's Becky Quick reports on the latest news.
Robinhood halts Super Bowl betting contracts after CFTC request
The halt comes just a day after Robinhood launched the product. 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. Commodity Futures Trading Commission.
21h
on 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 ...
1d
on MSN
Robinhood suspends trading in Super Bowl betting contracts after CFTC directive
Robinhood said on Tuesday it had suspended trading in Super Bowl betting contracts after the brokerage received a request ...
19h
Robinhood’s Terrible Plan to Get Into Sports Betting Paused After Government Pushback
The ironic thing about Robinhood’s foray into sports betting is that retail investors have long been stigmatized as ...
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