Robinhood Expands Prediction Market Offerings with Focus on Parlays and Player Contracts

Robinhood Expands Prediction Market Offerings with Focus on Parlays and Player Contracts

Key Moments: Robinhood highlighted sports event contracts and new parlay combinations at a recent investor event. The company revealed its prediction markets have traded 11 billion contracts through more than 1 million users. Robinhood introduced football-focused “player contracts” and launched new coverage via its Sherwood News “Scoreboard” newsletter. Investor Event Unveils Prediction Market Growth and New Features At its latest investor gathering, Robinhood Markets (NASDAQ: HOOD) turned the spotlight on its expanding prediction market initiatives. The company put a strong emphasis on sports event contracts, announcing the arrival of new…

Read More