Robinhood Strengthens its Commitment to Event Betting! This Market is Still in its Infancy and Diversifies the Stock Market Business!
Reading Time: 2 minutes
Robinhood (i) has transformed into the super finance app. Everything related to money can be done through the platform. Currently, the stock is undergoing a consolidation, which can also be attributed to the weakness in the crypto sector. However, today could see a breakout as the new business of event betting is being expanded. Event betting smooths business and achieves already $300 million in revenue Event betting was introduced in 2024. These are currently "very popular," as Robinhood portrayed in its latest quarterly results. Since the...
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