By The Weekly Edge desk ·
The Roundhill Sports Betting & iGaming ETF ended the previous week higher while the S&P 500 fell 1.4%, CasinoBeats reported. The fund outperformed broader markets for a second consecutive week but continued to lag them over the year to date.
Investors saw the gaming ETF outperform broader markets for two consecutive weeks while still lagging over the year to date.
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The partnership assigns OG.com infrastructure and clearing responsibilities for Robinhood’s retail event contracts through its CFTC-regulated exchange and clearinghouse.
Conflicting circuit decisions leave disputed whether federal law overrides state gambling rules for sports contracts.
The applications could enable Blockchain.com to seek approval to bring prediction markets and regulated trading to US users.
The ruling subjects disputed Nevada sports event contracts to gambling rules, while DraftKings and Flutter shares gained.
Crypto.com is participating in the expansion of Robinhood’s sports prediction offering.
The orders require nine prediction market companies to stop offering sports event contracts to Connecticut residents.