CNBC's Becky Quick reports on the latest news.

Robinhood reversed course just a day after introducing events contracts that would have allowed investors to trade based on ...

The halt occurred just one day after the online brokerage firm introduced the product, allowing customers to place wagers on ...

Before the CFTC decision, Robinhood, which boasts nearly 25 million users, had offered contracts on the Super Bowl outcome, allowing users to buy a “Yes” contract with a $1 payout if their chosen team ...

The CFTC asked the brokerage to stop offering customer access to contracts, warning that they might be illegal blurring of ...

The ironic thing about Robinhood’s foray into sports betting is that retail investors have long been stigmatized as inexperienced novices simply gambling away their money, trading on vibes rather than ...

Crypto.com and Kalshi need to provide more information to the US CFTC to determine if their Super Bowl event contracts comply ...

Robinhood Markets has suspended Super Bowl betting after receiving a request from the Commodities and Futures Trading ...

The U.S. Commodity Futures Trading Commission (CFTC) has pushed back against Super Bowl event contracts launched by the ...

Robinhood had partnered with Kalshi to accept trades on the outcome of the Super Bowl and other sports events, in all 50 states.

Robinhood and Kalshi have pulled their Super Bowl event contracts at the request of the U.S. Commodity Futures Trading ...

Robinhood has been forced to backtrack on its plans to launch event contracts on this weekend’s Super Bowl LIX.