All markets became live and available on Monday and will be eligible to customers in all 50 states through the derivatives exchange Kalshi Inc.
With the explosion of prediction markets across the country since the U.S. presidential election, Robinhood announced on Monday it will venture into sports markets with Sunday's Super Bowl LIX in New Orleans between the defending champion Kansas City Chiefs and the Philadelphia Eagles.February 3, 2025
“With an emerging asset class like event contracts, we recognize an opportunity to better serve our customers as their interests converge across the markets, news, sports and entertainment,” the company said in an official news statement. Trading times on the Robinhood site will be from 8 a.m. to 3 a.m. ET daily leading up to Sunday's kickoff at 6:30 p.m. ET.Customers can buy the Yes contract for either of these, but can only own one Yes contract for one. Each contract owned will payout $1 if that contract resolves to Yes. It will payout $0 if not.
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