Robinhood Curbs Prediction Markets on Abuse Fears

Robinhood has narrowed the range of prediction market contracts available on its platform, citing concerns that some types of wagers could enable insider trading or other forms of market abuse. The decision reflects growing unease across the industry as event-based trading gains traction among retail investors. The brokerage’s leadership said the company has deliberately avoided […]

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IGT reports two million-dollar-plus jackpot wins in March

International Game Technology (IGT) announced that its Powerbucks™ and Whitney Houston Slots™ games produced a pair of million-dollar-plus jackpot wins during March. Lucky players secured the major prizes across both online and casino-based play: On March 2, an online player in Manitoba, Canada, won CAD $1million (USD $724,521.86) while playing Powerbucks Bounty O’ Bucks […]

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Robinhood Curbs Prediction Markets on Abuse Fears

Robinhood has narrowed the range of prediction market contracts available on its platform, citing concerns that some types of wagers could enable insider trading or other forms of market abuse. The decision reflects growing unease across the industry as event-based trading gains traction among retail investors. The brokerage’s leadership said the company has deliberately avoided […]

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Israeli Crime Figure to Plead Guilty in LA Poker Case

A man described by federal authorities as an organized crime figure from Israel has agreed to plead guilty in connection with an illegal high-stakes poker operation linked to a Los Angeles mansion owned by former NBA player Gilbert Arenas. The case, which involves multiple defendants and allegations of a wide-ranging gambling network, has drawn attention […]

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