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Massachusetts Regulator Probes Robinhood Over Prediction Markets Hub: Reuters

Robinhood launched its in-app prediction markets hub last week, allowing users to bet on the outcome of March Madness matchups.

Robinhood's prediction market allows users to bet on the outcome of college basketball games, like Gonzaga v Houston during the 2025 NCAA Men's Basketball Tournament in Wichita, Kansas on March 22, 2025 (Photo by Jamie Squire/Getty Images)