By SectorWire desk ·
The Roundhill Sports Betting & iGaming ETF ended the previous week higher while the S&P 500 fell 1.4%. 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.
The contracts could give operators and investors a regulated route to trade on company performance measures, while the clearinghouse approval remains outstanding.
The applications could enable Blockchain.com to seek approval to bring prediction markets and regulated trading to US users.
Coinbase must suspend Michigan prediction markets while Michigan withholds enforcement during compliance and related appeals.
Coinbase’s withdrawal follows Michigan enforcement against sports event contracts that regulators consider unauthorised sports betting.
Conflicting appeals court decisions leave operators facing unresolved questions about state enforcement of gambling laws against sports event contracts.