While the hub will live in the Robinhood app, the “contracts” are being made available by Kalshi, which is technically a federally regulated exchange under the Commodity Futures Trading Commission—but has also drawn ire from that very same agency for allowing people to bet on the outcome of elections.

Robinhood Markets' (HOOD) move earlier in the week to introduce a broad prediction market hub "could suggest a revenue run-rate of $260m annually worth 20c to EPS or 14% to 2025 EPS, at 80% incremental margins.

Robinhood, the mass market trading app, rolled out a prediction markets hub within its app Monday, offering contracts on events ranging from financial policy outcomes to sports results. Why it matters: Prediction markets are very much a live legal and regulatory issue in the U.