2 days ago · 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 ...

3 days ago · The Commodity Futures Trading Commission (CFTC) has formally requested that Robinhood Derivatives, LLC (RHD) “not permit customers to access” sports event contracts. While we continue to work with the CFTC to understand their concerns, we are suspending the rollout of the Pro Football Championship market.

2 days ago · Robinhood has ended its Super Bowl LIX events contracts after pressure from the CFTC. Robinhood previously launched 2024 election contracts and plans to roll out more event contracts in the future ...

2 days ago · (Bloomberg) -- 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 ...

2 days ago · Robinhood on Tuesday suspended the rollout of its Super Bowl contract trading market, a day after it announced the offering as part of a partnership with Kalshi.. In a social media post, Robinhood explained that the Commodity Futures Trading Commission formally asked it to halt access to the sports wagering-like product, set for use in all 50 states regardless of sports betting legality.

2 days ago · In a Feb. 4 announcement, Robinhood said it would suspend the rollout of the Pro Football Championship market as it continues to work with the CFTC to understand its concerns. Source: Robinhood

CFTC asked the brokerage to stop offering customer access to contracts, warning they might be illegal blurring of financial markets and gambling ... Robinhood Yanks Super Bowl Betting Contracts ...

2 days ago · 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 ...

2 days ago · After just a little more than a day of trading, Robinhood has officially ceased transactions of its sports event trading contracts. Robinhood made the announcement after the CFTC formally requested the company “not permit customers to access” sports event contracts. Robinhood opened event trading on the Super Bowl outcome on Monday.

3 days ago · (Reuters) - Robinhood said on Tuesday it had received a formal request from the U.S. Commodity Futures Trading Commission to roll back its Super Bowl betting contracts product.