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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.
2h
on MSN
Robinhood's chief legal officer sells $1.29 million in stock
Daniel Martin Gallagher Jr., the Chief Legal Officer of Robinhood Markets Inc. (NASDAQ:HOOD), has sold 25,000 shares of the company's Class A common stock. The shares were sold at a weighted-average ...
1d
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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