Techmeme: Robinhood withdraws its plans to offer betting …

1 day ago · Robinhood withdraws its plans to offer betting contracts on the Super Bowl, in partnership with online prediction market Kalshi, after pushback from the CFTC — CFTC …

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Robinhood Yanks Super Bowl Betting Contracts After Regulator’s …

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Robinhood Markets HOOD-1.72% decrease; red down pointing triangle said Tuesday that it was withdrawing its plans to offer betting contracts on the Super Bowl, following pushback from the …

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Robinhood Halts Super Bowl Bets A Day After Launch On CFTC Request

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1 day ago · Robinhood Derivatives has halted its Super Bowl betting after already rolling out the product to 1% of its customers after its Feb. 4 launch. 15591 Total views 2 Total shares

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Robinhood Is Doing Away With Its Super Bowl Betting Feature

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2 days ago · Robinhood (HOOD +1.59%), the financial services company, is rolling back plans to allow its customers to invest in event contracts tied to the outcome of this weekend’s Super …

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FAQs about Techmeme: Robinhood withdraws its plans to offer betting … Coupon?

Why did Robinhood withdraw its Super Bowl betting contracts?

Photo: Ed Zurga/Associated Press Robinhood Markets HOOD -1.72% said Tuesday that it was withdrawing its plans to offer betting contracts on the Super Bowl, following pushback from the Commodity Futures Trading Commission, which raised concerns that the contracts might be illegal. ...

Will Robinhood allow customers to invest in Super Bowl event contracts?

Robinhood (HOOD), the financial services company, is rolling back plans to allow its customers to invest in event contracts tied to the outcome of this weekend’s Super Bowl. According to the company, the Commodity Futures Trading Commission (CFTC) has formally requested Robinhood to “not permit customers to access” sports event contracts. ...

Does Robinhood offer events contracts?

While there is no shortage of gambling sites offering bets on the big game, Robinhood is technically offering an "events contract." This is a more dynamic form of speculation because it is not directly informed by odds makers, but by a pool of bettors who are able to buy and sell the contracts on a real-time basis. ...

What can you do with Robinhood?

Here’s what Robinhood will let users do, starting today. If you believe Kamala Harris or Donald Trump will win the presidential election, you can purchase an “event contract.” You can trade these contracts for real money; they are a kind of derivatives contract. ...

Does Robinhood have a 'Pro Football Championship market'?

The news come just a day after Robinhood launched its “ Pro Football Championship Market,” which essentially allowed its customers to bet on whether they think the Kansas City Chiefs or the Philadelphia Eagles will win the Super Bowl on Sunday by buying event contracts. ...

Is Robinhood complying with CFTC regulations?

“We were in regular contact with the CFTC prior to launching this product, and we believe we are in full compliance with all applicable regulations,” said Robinhood General Counsel Lucas Moskowitz. Still, “we are heeding their directive to cease offering these contracts,” he added. Copyright © 2025 Dow Jones & Company, Inc. ...