Robinhood’s NJ Pullout Signals Regulatory Heat In what’s shaping up to be a defining legal showdown for the future of prediction markets, Robinhood and Kalshi have been forced to suspend sports-related event contracts in New Jersey. This move comes after the state’s Division of Gaming Enforcement issued a cease-and-desist letter, accusing the platforms of enabling … Continue reading Robinhood vs. States: Sports Prediction Markets Hit Legal Wall