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 ...

(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 ...

The Commodity Futures Trading Commission (CFTC) began inquiries into Crypto.com and the prediction market Kalshi regarding the legality of their derivatives products tied to the Super Bowl sports ...

The Commodity Futures Trading Commission launched an inquiry on Monday into Crypto.com and Kalshi on how the companies' Super Bowl event contracts comply with derivatives regulations.

However, the CFTC has been keen in investigating the legality of Crypto.com's Super Bowl futures contracts. In January, a 5-member group of agency Commissioners decided to poll on a measure to ...

The CFTC went on to specifically cite expenses that were financed by the improper money: FTX’s Super Bowl commercial featuring Larry David and its now-terminated sponsorship of the Miami Heat ...

AUSTIN, Texas — Prediction markets are allowing users to purchase futures contracts on the Super Bowl, even in states like Texas, where sports betting is not legal. According to a report from ...

This new way of wagering on the Super Bowl is akin to event-outcome site Kalshi, which needed a court ruling to offer bets on 2024 Election Day despite objections from the CFTC.

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 ...

The Super Bowl product, launched Monday, has already been introduced to about 1% of its customers, Robinhood (NASDAQ:HOOD) said in a statement. Customers who already placed bets in the contracts ...