How much do you want to bet that the proliferation of Kalshi is going to make everyone’s lives a little worse? Earlier today, the “prediction market” platform that allows people to “trade contracts” on future events in a way that is somehow legally distinct from gambling announced a partnership with CNN to place odds on […]
Robinhood Tries to Rebrand Sports Betting as Investing
Robinhood has gotten a reputation as a platform where people make wildly speculative investments without sufficient guardrails. So it’s only right that it’s getting into the sports betting business. The company announced on Tuesday that it is launching “prediction markets” for college and professional football as part of a partnership with Kalshi. According to the […]