Core Insights - Prediction markets are positioned as a significant growth opportunity for Robinhood, following its success in crypto and stock trading, which allowed it to outperform the S&P 500 in 2025 [1][2] Group 1: Prediction Markets and Growth Potential - Robinhood launched prediction markets in October 2024, initially for the U.S. election, and has since expanded to include sports and general YES/NO events [2] - The prediction market model differs from traditional sports betting, as it involves peer-to-peer predictions rather than betting against a sportsbook [3] - The influx of capital into prediction markets is expected to drive Robinhood's growth in 2026, with CEO Vlad Tenev noting rapid growth in this segment heading into Q4 [5] Group 2: Customer Engagement and Market Dynamics - The prediction market feature is anticipated to attract new customers, particularly during the football season, with potential for cross-selling into stocks, options, and crypto [6] - Robinhood's unique position as an all-in-one investing platform allows users to engage in stocks, options, crypto, and prediction markets, setting it apart from competitors [7] Group 3: Performance Metrics - Since the introduction of prediction market contracts for football in August 2025, the number of events traded surged to 2.3 billion in Q3 [8] - In October 2025, Robinhood processed 2.5 billion prediction market contract trades, indicating a threefold sequential growth compared to Q3 [9] - The brokerage firm reported a doubling of revenue year over year in Q3, with expectations for continued growth in 2026 driven by prediction markets and increasing demand for sports betting [10]

Steve, do you talk NFL parlays now. Is that is that going to be part of the job. Welcome.>> Uh, thank you. I appreciate it being here, Kelly. Uh, yeah, I think we we talk about like we have over 1500 contracts across a variety of um of uh economic indicators, political elections, you know, um whether uh cultural uh indicators.So, so I think um sports of course is a big a big component of it, but we, you know, the way we're looking at this and the way that we're seeing the growth of this um is really I think ...

Key Points Robinhood has announced new AI-powered trading tools for Robinhood Gold members. The company is also rolling out new ways to bet on sports. 10 stocks we like better than Robinhood Markets › Robinhood (NASDAQ: HOOD) stock is up 2.7% as of 12:40 p.m. ET Thursday. Robinhood investors are reacting to an announcement that first appeared on the company's blog two days ago -- which received wide attention yesterday afternoon: Robinhood is doubling down on sports betting. Image source: Getty Im ...

My next guest says the prediction market business presents a lot of upside for the fintech space as Robin Hood and Coinbase users are nine times more likely to participate than non-users. Let's bring in Missou host Dan Dalive. Welcome to you.It's been a a dizzying moment here. So, can we back up and talk about the series of events. What has led >> to, you know, a Robin Hood app now allowing me to make NFL parlay bets in competition.Like, is this been a regulatory shift or what's going on here. Well, obvious ...

I've always known the influence of sports betting from the research I conduct, the articles I read and review, but I never really knew the true power of sports betting until watching the 2022 FIFA World Cup with my students. I teach graduate students at my university. They're awesome. They're 22 to 25.And one afternoon during the World Cup, I stumbled into our workroom and there was a group of them. They were huddled around a laptop. They were watching the Belgium Morocco game.Now, none of them were Belgian ...

Core Insights - BetMGM has launched mobile and in-person sports betting in Missouri, partnering with Century Casinos to enhance its market presence and product offerings [1][2] Group 1: BetMGM Launch and Features - Customers can place bets online via the BetMGM mobile app or in person at the new BetMGM Sportsbook located in Century Casino & Hotel Cape Girardeau [2] - The app offers a user-friendly experience with access to major betting markets, live wagering, research tools, and responsible gaming features [3] - New players in Missouri can place a first bet up to $1,500 with bonus bets if they lose, alongside exclusive promotions through a partnership with the Kansas City Chiefs [3] Group 2: Financial Performance and Growth - BetMGM has shown strong growth, with record performance in Q3 2025 leading to a raised full-year EBITDA outlook to approximately $200 million, an increase of nearly $450 million from the previous year [5][7] - The North American and European segments of BetMGM reported exceptional results, with the company expecting at least $100 million in returns for Q4 from a total investment of $630 million [5][7] Group 3: MGM Resorts' Market Position - MGM Resorts has seen its shares increase by 10.9% over the past six months, outperforming the Zacks Gaming industry's growth of 9.6% [6] - The company is well-positioned for sustainable earnings growth and aims to strengthen its leadership in the global hospitality and gaming industry, despite facing challenges such as high costs and soft trends in Las Vegas [6]

The business of sports has never been better. Women's teams are exploding in popularity and sports betting is changing the industry forever. That alongside sports teams fetching ever higher valuations for private investors.I want to know what the next big thing is that can shake up sports. And for that, I will be speaking to Ted Leonis, a tech media industry veteran who has built a sports empire in Washington DC. His monumental sports and entertainment includes the NHL's Washington Capitals, NBA's Washingto ...

All right, another betting scandal rocking the world of professional sports. This time it's involving two MLB baseball players, Major League Baseball. Yesterday, federal prosecutors announced charges against Cleveland Guardians pitchers, Emanuel Class and Luis Ortiz or Ortiz.They allegedly took money to rig pitches for betterers generating hundreds of thousands of dollars in winnings. The indictment says, quote, "They illegally enriched themselves and co-conspirators, misled the public, and betrayed America ...

Another uh sports betting scandal has erupted this time in Major League Baseball. Contessa Brewer joins us now with more. Good morning. >> Good morning.Yeah, federal prosecutors have indicted two Cleveland Guardians pitchers, Emmanuel Claus and Luis Ortiz, are accused of rigging their pitches to allow betterers to profit in a scheme worth nearly half a million dollars. Classes star is a star closer and Ortiza is a starting pitcher. both from the Dominican Republic and both facing a slew of federal charges, ...

Federal prosecu uh prosecutors announcing now the indictment of two Major League Baseball pitchers from the Cleveland Guardians on charges uh relating to a sports betting and uh moneyaundering conspiracy. Emanuel uh Case I I'm famili I'm not sure it's CL or class A and uh Luis Ortiz allegedly took bribes as part of a scheme to rig bets on pitches thrown during games. Can you imagine betting on a on an individual pitch.The indictment says that the players agreed with their co-conspirators in advance on speci ...