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Live News EARNINGS ARTICLE M impact

Robinhood Event Contracts Revenue Surges More Than Sixfold to $173 Million

Event contracts revenue reached $173 million in the third quarter, driving record transaction-based revenue of $867 million.

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Robinhood Markets reports event contracts revenue surged more than sixfold year-over-year to $173 million in the third quarter, driving record transaction-based revenues of $867 million. The expansion comes as the trading platform rapidly scales its prediction markets hub, with event contracts trad…