LSR Sports Betting & News Podcast · Legal Sports Report

LSR Ep. 265 - Robinhood Launches March Madness Predictions With Kalshi

·43 min·1 clip
The loophole that's going to dominate March Madness
The LSR podcast covers Robinhood's March Madness prediction market launch via Kalshi partnership, exploring the regulatory gray area where it operates in all 50 states without traditional sports betting licensing or taxation. The hosts analyze state-by-state complexities, competitive implications, and industry ripple effects while mixing in March Madness picks and personal anecdotes.

As heard by us

March Madness becomes a policy story, with the legal details doing the heavy lifting.

The episode opens with Robinhood and Kalshi back in prediction markets just before the biggest betting event of the year, then moves into the legal fights around sweepstakes operators.

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Why you'd press play

You want March Madness with the legal weeds attached.

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