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Robinhood halts Super Bowl betting
Robinhood removes Super Bowl betting contracts after pushback from regulator CFTC
CNBC's Becky Quick reports on the latest news.
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 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 the outcome of the Super Bowl.
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 ...
16h
on MSN
Robinhood Yanks Super Bowl Betting Contracts After Regulator’s Pushback
The CFTC asked the brokerage to stop offering customer access to contracts, warning that they might be illegal blurring of ...
22h
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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