Is Robinhood's Latest Product Gambling or Innovation?
Robinhood is bringing NCAA futures to the platform, which makes this look more like a gambling app than an investing platform.
Robinhood (NASDAQ: HOOD) has gotten a lot of attention for its NCAA tournament futures, and not in a good way. Many observers think this is akin to gambling, but is there a bigger story here? Travis Hoium digs into where these contracts could add value to the company and investors.
*Stock prices used were end-of-day prices of March 18, 2025. The video was published on March 19, 2025.
