Robinhood Prediction-Markets Arm Gets Massachusetts Subpoena
(Bloomberg) -- Robinhood Markets Inc.’s prediction-markets business received a subpoena from Massachusetts’ Secretary of State Bill Galvin, who’s looking into links to gambling for its sports-event contracts, especially for younger users.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysLA Faces $1 Billion Budget Hole, Warns of Thousands