Robinhood launches 2024 election event contracts for U.S. users, following a federal court ruling.

Robinhood has launched presidential election event contracts, allowing U.S. users to bet on the outcome of the 2024 election between Vice President Kamala Harris and former President Donald Trump. This feature follows a federal court ruling permitting such trading, expanding Robinhood's offerings in the growing betting market. Users can buy contracts priced between $0.02 and $0.99, with potential payouts reaching $5,000 for correct predictions.

October 28, 2024
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