The line between prediction markets and gambling is the most contested question in financial regulation right now, with Former New Jersey governorChris Christiewarning prediction market platforms face lawsuits from all 50 states.
Bloomberg's Odd Lots hosts pushedRobinhood Markets Inc. (NASDAQ:HOOD) CEOVlad Tenevon exactly that point.
Polymarketalready hosted a Super Bowl coin toss contract trading at 50/50.
So what would actually stop Robinhood from skipping the Super Bowl entirely and livestreaming a roulette wheel for users to trade on?
"I'm not sure," Tenev said. "We don't offer any of those contracts."
The company...
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