Robinhood Markets Inc (NASDAQ:HOOD). announced the suspension of its newly launched Super Bowl betting feature in response to a request from the Commodities and Futures Trading Commission (CFTC).

Robinhood Markets Inc. said it received a formal request from the Commodity Futures Trading Commission to suspend its ...

Robinhood Markets has suspended Super Bowl betting after receiving a request from the Commodities and Futures Trading ...

While Kalshi is regulated by the CFTC, the prediction market is not able to list contracts that include gaming, a vague area ...

Robinhood reversed course just a day after introducing events contracts that would have allowed investors to trade based on ...

CNBC's Becky Quick reports on the latest news.

The Commodity Futures Trading Commission has formally requested that Robinhood (HOOD) Derivatives “not permit customers to access” sports event ...

The Commodity Futures Trading Commission (CFTC) has officially asked Robinhood (NASDAQ:HOOD) Derivatives, LLC (RHD) to halt customer access to sports event contracts.

Robinhood had partnered with Kalshi to accept trades on the outcome of the Super Bowl and other sports events, in all 50 states.

Robinhood Markets (HOOD) suspended the rollout of the Pro Football Championship market after a formal request by the U.S.

"We are heeding their directive to cease offering these contracts despite the fact that the CFTC has not deemed Kalshi's ...

The halt comes just a day after Robinhood launched the product. Robinhood said on Tuesday it is rolling back the event ...