Robinhood suspends trading in Super Bowl betting contracts

CFTC wants more information on Crypto.com, Kalshi Super Bowl contracts
Crypto.com and Kalshi need to provide more information to the US CFTC to determine if their Super Bowl event contracts comply with derivatives regulations.
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 from the U.S. Commodity Futures Trading Commission. "We are heeding their directive to cease offering these contracts despite the fact that the CFTC has not deemed Kalshi's football championship contracts illegal,
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 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.
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.
Robinhood halts rollout of Super Bowl betting contracts after CFTC request
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.
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 financial markets and gambling.
And now Robinhood won't let you bet on the Super Bowl
The Commodity Futures Trading Commission (CFTC) said Tuesday it has formally requested that Robinhood “not permit customers to access” sports event c
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