Robinhood Shifts 104-Game World Cup Bets to Rothera, Testing Its Own Market Infrastructure

3 articles · Updated · Bloomberg · Jun 4

Robinhood will route some World Cup event contracts for its users to Rothera, including bets on individual matches, the tournament winner and in-game goal totals.
The 104-game tournament is serving as a live test of Robinhood’s own prediction-market infrastructure, marking a move away from longtime partner Kalshi.
Rothera is a US-based derivatives exchange in which Robinhood and Susquehanna International Group jointly bought a majority stake last year.
The shift signals Robinhood is using an owned venue to handle a broader slice of event-based trading rather than relying mainly on Kalshi.

Sources

Left100%

As Robinhood builds its own exchange, is its former partner Kalshi destined to fail?

Is Robinhood's new venture an innovative financial market or just a loophole for illegal sports betting?

With FIFA also launching a prediction market, who will win the global World Cup betting battle?