Sports Betting Built the Prediction Market Boom. Is It Headed for a Ban?

Article Jeff Albus Wednesday, 11 November 2026

Robinhood earned $173 million from event contracts last quarter, against $120 million from crypto, and most of that growth came from sports wagers, the company said in its quarterly filing. Event contracts let customers bet on the outcome of a game, an election or another event. Exchanges such as Kalshi ...

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