Robinhood Prediction Markets Face Supreme Court Test as New Jersey Takes On Kalshi
Robinhood made $156M from event contracts in Q2 as traders see a 52% chance the Supreme Court takes up the sports-contract fight.
Robinhood is making money from prediction markets (bets on events), but a court case might decide whether this business is even allowed. Watch to see if the court rules on this—it could change what Robinhood can do.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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