Arbusers

CNBC reports that Robinhood is considering expanding into sports betting according to a statement of the CEO Vlad Tenev during Robinhood’s inaugural investor day event.

Tenev indicated his plans could take the form of event contracts, like the ones Robinhood launched before the US presidential election earlier this year. In reality we are talking about something similar to Polymarket or an exchange, and not the traditional bookmaking style where the house takes the risks.

In recent times we are noticing many indicators showing that many US companies (AAPL) are planing to jump in the gambling world. Let's see!

All this is done for Americans. Here in Europe we are dipped in the sh.t up to the neck.