Robinhood Expands Prediction Markets, Rivaling Sportsbooks
Update: 2025-12-17
Description
Robinhood is making waves in the prediction market space, introducing parlay-style bets on NFL games and real-time wagers on player performances. These enhancements, unveiled at their YES/NO keynote, aim to make Robinhood a leader in prediction markets. With prediction markets already generating significant revenue, Robinhoods expansion into this area is seen as a key growth opportunity, potentially positioning them as the new Schwab for Gen Z.
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