Prediction Markets Boom, Robinhood Partners with Susquehanna
Update: 2025-11-28
Description
Robinhoods Prediction Market Expansion: A Double-Edged Sword - Robinhoods prediction market offerings surge, partnering with Susquehanna International, attracting over one million users and generating $100 million in revenue. However, a Bank of America report warns of potential risks, including impulsive wagers, overextension of credit, and increased loan defaults, challenging existing underwriting models and risk pricing for lenders.
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