Robinhood halts Super Bowl betting contracts

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 receives US CFTC request to roll back Super Bowl prediction contracts
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. The trading platform had launched the event contracts on Monday to let U.
Robinhood lets users bet on Super Bowl outcome. Update: Company nixes offering after CFTC complaint
Some customers will be able to wager on the outcome of the Chiefs vs the Eagles in Robinhood's first foray into sports betting.
Robinhood halts Super Bowl bets a day after launch on CFTC request
Robinhood has suspended the rollout of its Super Bowl event contracts after a request from the US Commodities and Futures Trading Commission.
Robinhood Ends Super Bowl LIX Bets Plan After CFTC Complaint: 'Work To Roll Out A More Comprehensive Contracts Platform Later This Year'
While Kalshi is regulated by the CFTC, the prediction market is not able to list contracts that include gaming, a vague area that has led to disputes and likely ended the Robinhood launch, as reported by the Wall Street Journal. The CFTC is reviewing Super Bowl contracts issued by Kalshi and Crypto.com.
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 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.
Robinhood halts Super Bowl betting after CFTC request
Robinhood Markets Inc (NASDAQ: HOOD). announced the suspension of its newly launched Super Bowl betting feature in response to a request from the Commodities and Futures Trading C
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 suspends Football Championship market after CFTC request
The Commodity Futures Trading Commission has formally requested that Robinhood (HOOD) Derivatives “not permit customers to access” sports event
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 ...
Robinhood to push into bitcoin and ether futures
After acquiring Bitstamp, the retail trading juggernaut is giving U.S. customers the option to buy cryptocurrency futures.
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 ...