Robinhood News & Prediction Market Coverage
Track the latest Robinhood news across prediction markets. PredictionNews is following 56 active Robinhood stories across regulation, legal action, market moves, and platform developments, each clustered from original reporting and summarized for operators, traders, and regulators.
Latest News
Nevada AG Ford secures injunction halting Crypto.com and Robinhood event contracts
DealsRobinhood routes World Cup contracts to Rothera while keeping some markets on Kalshi
TradingRobinhood tests Rothera as Kalshi alternative for World Cup prediction markets
LegalNevada judge blocks Polymarket from offering event contracts in state
TradingKalshi courts hedge funds as Nasdaq and Cboe enter event contracts market
TradingUpper East Side bar The Jeffrey hedges free-drinks Knicks promo on Kalshi
StocksRobinhood launches AI agentic trading beta with event contracts on roadmap
StocksRobinhood says event contracts reach $400M annualized revenue and 1M users
TradingKalshi donated $39,200 to Becerra's campaign while pricing him at 74% to win
TradingRobinhood CFO says Florida customers use weather contracts to supplement insurance
LegalCFTC sues Minnesota and Gov. Walz to block nation's first state prediction market ban
DealsWintermute begins quoting liquidity on Kalshi and Polymarket
DealsRobinhood launches Rothera contracts to app users with $2 million traded first weekend
DataAGA says states lost $1 billion in gambling tax revenue to prediction markets
StocksSeeking Alpha curates analyst picks for top prediction market stocks
LegalWisconsin sues Kalshi, Polymarket, Coinbase, and others over alleged illegal sports betting
LegalCFTC sues Rhode Island to block state enforcement against Kalshi and Polymarket
StocksRobinhood adds 2026 Fed rate-cut contract through KalshiEx or ForecastEx
DealsDraftKings self-certifies six CFTC contracts for DKeX prediction market exchange
LegalTrump reverses stance to back CFTC as sole prediction market regulator
TradingKalshi's $454M crypto volume week flips Polymarket's early-2026 lead
StocksRobinhood pitches prediction markets as next growth driver after crypto slowdown
OpinionTrump praises Kalshi and Polymarket, assails state regulators on Truth Social
DealsNHL signs CFTC integrity memo on hockey event contracts, joining MLB
OpinionSports Illustrated publishes three-part primer on prediction markets beyond Kalshi and Polymarket
LegalKalshi, Coinbase, Robinhood, Crypto.com and Underdog form Coalition for Prediction Markets amid state lawsuits
OpinionAmerican Century flags risk management trade-offs in prediction markets report
TradingNinth Circuit denies Kalshi and Polymarket preemption shield as House opens insider-trading probe
LegalKalshi adds Trump ally Budowich to Coalition for Prediction Markets as second lobbying arm
LegalKalshi launches 'Americans for Fair Markets' lobby group as Congress opens insider trading probe
GlobalPolymarket hires Jupiter exec, targets Japan approval by 2030
DealsBetr buys NFA broker Ascent Capital Management to skip build and offer prediction markets this year
TradingRobinhood promotes Kentucky midterm event contracts and publishes help hub
StocksRobinhood's prediction market business hit $415M ARR in 2025
TradingKalshi tests leveraged perpetual futures and crypto products in demos
LegalFeds sue Wisconsin to block state prediction market ban
TradingJPMorgan memo warns 320,000 bankers to be cautious on Kalshi and Polymarket
TradingRobinhood Derivatives sources event contract probabilities from KalshiEx and ForecastEx
LegalPork producers and 20 ag groups lobby CFTC for prediction market seat
LegalPennsylvania regulators clash with CFTC over prediction market gambling classification
TradingKalshi volume plunges 49.5% as light sports calendar exposes Robinhood-dependent model
LegalWisconsin judge lets Ho-Chunk Nation's IGRA case against Kalshi proceed, dismisses RICO claims
DealsMoomoo grabs U.S. prediction market license, targets retail traders
LegalCFTC files amicus brief backing Kalshi against Ohio in prediction-market jurisdiction fight
LegalDetroit warns Robinhood sports contracts threaten city tax revenue
DealsKalshi hits $22B valuation in $1B Coatue-led Series F
DealsTema files for prediction market ETF without holdings, ticker, or launch timeline
LegalCFTC talks sports leagues, SEC coordination as prediction market rulemaking drags on
StocksRobinhood CEO Tenev defends prediction markets, eyes trillions in volume
TechCME Group-FanDuel event contract launch draws crypto rivals into prediction market race
Frequently Asked Questions
Where can I find the latest Robinhood news?
Right here. PredictionNews tracks 56 active Robinhood stories, each clustered from original reporting and summarized for prediction-market operators, traders, and regulators, and refreshed throughout the day.
Are prediction markets legal in the US?
Federally, yes. Platforms like Kalshi and Polymarket US operate as CFTC-regulated event-contract exchanges, which is why they're available even in states where sports betting is banned. Legality is contested at the state level, especially for sports contracts, the regulatory fight PredictionNews tracks daily.
Are prediction markets the same as gambling?
Legally, no. They're overseen by the CFTC as financial event contracts, not by state gambling regulators, and you trade "Yes"/"No" shares priced between $0 and $1 rather than betting against a bookmaker's odds. That distinction is at the heart of the current regulatory debate.
How do prediction markets work?
You buy shares in a "Yes" or "No" outcome priced between $0 and $1. The price reflects the market's implied probability of the event. Correct predictions settle at $1 per share, incorrect ones at $0. They function like an exchange, not a sportsbook.