Robinhood and Coinbase Face State Bans on Sports Prediction Contracts
Robinhood earned $173 million from event contracts, driven by sports wagers, but growing state lawsuits are forcing the platform to halt new sports contracts in several states.

Data: Polymarket, updated every minute. · Ends Nov 11, 2026
In the upcoming UEFA Women's Champions League game between Sport Lisboa e Benfica and FK Austria Wien, originally scheduled for Wednesday, November 11, 2026 at 3:00 PM ET (as of creation of the first market related to the event):
Resolution source: uefa.com/womenschampionsleague/
Robinhood earned $173 million from event contracts, driven by sports wagers, but growing state lawsuits are forcing the platform to halt new sports contracts in several states.
A Polymarket account that earned about $1 million on Dortmund’s Champions League win saw that profit erased by $1.13 million in losses on Sunday’s Manchester United and Barcelona matches.
It is the latest price of the Yes outcome. Traders pay that share of a dollar for a contract that pays $1 if the event happens, so the price reads as the market's estimate of the chance.
The market resolves by the rules below. Polymarket uses the UMA optimistic oracle: anyone can propose the outcome and dispute it during a challenge period.
Yes, where Polymarket is available. You connect your own wallet; the bet goes to Polymarket and the money never passes through COINMAG. A COINMAG fee of 1% is added to each bet.
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