gambling

Amid rising attention around prediction markets and online gambling, the stock trading app Robinhood Markets jumped back into the spotlight by unveiling a futures and derivatives exchange joint venture with Susquehanna International Group.

The tax increases in the U.K. budget are a mixed bag for the gambling industry, analysts at Berenberg wrote in a note to clients.

Reeves also raised levies on income from property, mansions, and online gambling.

Reeves also raised taxes on income from property, and set out a new tax on high-value homes, as well as higher taxes on online gambling.

Kalshi and other prediction market platforms like Crypto.com have expanded into event contracts based on the outcome of sporting events, putting pressure on the gambling industry.