Robinhood to halt Michigan sports event contracts amid prediction market litigation
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Michigan gaming regulators said Robinhood has agreed to stop allowing customers in the state to enter new sports-related event contract positions and to close remaining customer positions by October 9, as legal challenges involving prediction market operators continue in state and federal courts. “…
Michigan gaming regulators said Robinhood has agreed to stop allowing customers in the state to enter new sports-related event contract positions and to close remaining customer positions by October 9, as legal challenges involving prediction market operators continue in state and federal courts. “The Michigan Gaming Control Board welcomes Robinhood’s agreement to stop offering new sports-related...