Robinhood CEO: Sportsbooks are 'scrambling' on prediction markets strategy
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Robinhood CEO: Sportsbooks are 'scrambling' on prediction markets strategy
Robinhood is giving users the ability to place what are essentially parlay bets on multiple NFL games, putting it into direct competition with traditional sports books. The company's CEO Vlad Tenev told CNBC that sportsbooks are "scrambling" to figure out their prediction markets strategy, as he says Robinhood's launch could "completely disrupt ...
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