Robinhood sues Nevada Gaming Commission over sports-related event contracts
Robinhood Derivatives LLC has taken the Nevada Gaming Commission to Court to prevent the regulator from enforcing the law against the company.
Robinhood Derivatives LLC has taken the Nevada Gaming Commission to Court to prevent the regulator from enforcing the law against the company.
The College Basketball Tournament and target fed fund rate event contracts will be tradeable daily on Robinhood from 8am to 3am ET.
For those who already placed trades, Robinhood plans on providing the option to close their positions or take them to resolution.
Robinhood is launching event contracts for the upcoming Kansas City vs. Philadelphia championship game through Robinhood Derivatives LLC.
Event contracts allow customers to trade on the outcome of specific events, such as whether a candidate will win an election.