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Robinhood’s decision to begin offering election futures comes shortly after another prediction markets platform, Kalshi, won a ruling against the Commodity Futures Trading Commission that had ...
Robinhood, which lets users trade a wide variety of stocks and crypto assets, introduced U.S. election betting on its mobile app last week. The presidential election contracts are the first event ...
Robinhood’s 2024 election contracts showed Donald Trump as the frontrunner at 57 cents, with Vice President Kamala Harris trailing at 45 cents. Winning candidate contracts will pay out $1 each.
A GameStop store in 2014. GameStop, an American chain of brick-and-mortar video game stores, had struggled in the years leading up to the short squeeze due to competition from digital distribution services, as well as the economic effects of the COVID-19 pandemic, which reduced the number of people who shopped in-person.
The Trump campaign filed the most post-election lawsuits related to the 2020 United States presidential election in the swing states of Arizona, Georgia, Michigan, Nevada, Pennsylvania, and Wisconsin. It was a strategic decision to file lawsuits in these states that were too close to call during the night of election day and remained uncalled ...
(Reuters) -Robinhood said on Monday it will allow trading in U.S. presidential election event contracts, as it seeks to capitalize on growing retail demand for betting products. This will offer ...
Some Trump loyalists such as Lindsey Graham, Ted Cruz, Tom Cotton and Kevin McCarthy endorsed the false claims that Trump had actually won the election and that there was large-scale fraud, and called on Republicans to stay united behind Trump. Over 20 other leading Republicans denounced Trump's accusations of voter fraud on November 6.
The trading platform is the latest to offering investors the option to bet on outcome of the November 5 presidential election. Robinhood launches contracts to wager on presidential election Skip ...