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Robinhood Will Halt Michigan Sports Prediction Markets as State Fight Spreads Beyond Kalshi

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Robinhood Derivatives has agreed to stop offering new sports event contracts to Michigan customers by September 9 and close outstanding positions by October 9. The deal leaves the core federal-preemption question unanswered, but extends the…

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Robinhood Will Halt Michigan Sports Prediction Markets as State Fight Spreads Beyond Kalshi
DeFi Rate 1h ago

Robinhood Will Halt Michigan Sports Prediction Markets as State Fight Spreads Beyond Kalshi

Robinhood Derivatives has agreed to stop offering new sports event contracts to Michigan customers by September 9 and close outstanding positions by October 9. The deal leaves the core federal-preemption question unanswered, but extends the…