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Robinhood “welcomes” more clarity on prediction markets

Summary by egr.global
Robinhood has insisted it welcomes regulatory clarity on the prediction markets sector amid ongoing controversy over sports event contracts.  According to the firm’s chief brokerage officer (CBO) Steve Quirk, Robinhood will abide by whatever regulations within the sector are enforced, as the debate surrounding whether sports event contracts are just another form of unauthorized sports betting rumbles on.  Sports event contracts enable users to t…
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egr.global broke the news in on Wednesday, May 14, 2025.
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