Dossier
event betting
Coverage of event betting in the Nexus archive.
- Robinhood stock shrugs off a 47% crash in crypto revenue thanks to a massive surge in event betting
Robinhood stock remains stable despite a 47% decline in crypto revenue, driven by a significant increase in event betting. The company's diversified revenue streams offset losses in the cryptocurrency sector.
- Prediction markets in hot seat over rogue bettors and insider trading
The article discusses concerns over prediction markets as incidents of insider trading and rogue bettors using exclusive knowledge to gain profits have emerged. It questions whether these markets are legitimate platforms for betting on events or if they facilitate unethical practices.