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Three Indian tribes suing Kalshi and Robinhood over allegedly illegal offering of sports contracts have failed to secure a preliminary injunction.
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Robinhood benefitted from the higher interest rate environment, with Net interest revenues increasing 66% year-over-year to $456 million.
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The initial success of Kalshi and Robinhood has hit hard the shares of gaming company shares, such as DraftKings (NASDAQ:DKNG).
featured, Indian Tribes, Kalshi, Robinhood
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Robinhood has filed a motion to dismiss the lawsuit filed by three Indian tribes over alleged engaging in illegal sports gambling.
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All eligible Robinhood Gold subscribers can access mortgage rates at what the company claims are at least 0.75% below the national average.
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Futures trading will be rolling out to eligible Robinhood UK customers in the coming weeks.
event contracts, featured, NASDAQ:HOOD, Robinhood, sports betting
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Robinhood plans to add 100+ new Event Contracts across sports, politics, economics, business, culture, and more.
featured, gambling, gaming, Kalshi, Robinhood
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The Massachusetts Attorney General and the Commonwealth’s Gaming Commissioners have responded to Robinhood’s claims.
featured, NASDAQ:HOOD, Robinhood Asia
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Robinhood shares are now up by 35% since it was announced earlier this month that the company would be added to the S&P 500 Index.
featured, gambling, Indian Tribes, KalshiEX LLC, Robinhood, Robinhood lawsuit, sports betting
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Robinhood Derivatives, LLC and Robinhood Markets, Inc. have a filed their response to the motion by three Indian tribes for a preliminary injunction against Kalshi.
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