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Robinhood Event Contract Trading Volume Surges · Sports-Related Revenue Expands

The Motley Fool +1 · ·by G4L

HOOD Robinhood Markets Inc
$81.35 -3.82%
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  1. 1Robinhood event contract trading volume growth recorded 136% year-over-year in October.
  2. 2Robinhood event contract revenue reached $173 million in the third quarter.
  3. 3Nevada, New Jersey, and Massachusetts claim sports-related event contracts are gambling.

So what's the key point?

Robinhood's event contract trading volume increased by 136% compared to last year. Some states claim these contracts are gambling.

Source The Motley Fool +1 · View original ↗

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