Massachusetts regulators probe Robinhood over March Madness basketball betting
Massachusetts Secretary of State Bill Galvin said he was concerned Robinhood was "linking a gambling event on a popular sports event that's especially popular to young people to a brokerage account."
A general view of a March Madness logo at center court before the game between the Texas Tech Red Raiders and the Drake Bulldogs at Intrust Bank Arena in Wichita, Kansas on March 22, 2025.(photo credit: Nick Tre. Smith-Imagn Images/REUTERS)ByREUTERS
