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Robinhood prediction markets generate 156 million dollars in second-quarter revenue, passing crypto
- Robinhood prediction markets generate 156 million dollars in second-quarter revenue, passing crypto — Robinhood's event contracts generated about 156 million dollars of revenue in the quarter ended June 30, more than ten times the year-earlier figure and ahead of crypto transaction revenue of about 100 million dollars. Customers traded a record 13.6 billion event contracts in the quarter, making prediction markets the company's second-largest source of transaction-based revenue behind options. (Bookmakers Review)
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