Coinbase and Robinhood Prediction Market Revenue

Prediction markets are pulling serious money into Coinbase and Robinhood. and Bernstein analyst Gautam Chhugani expects that coinbase robinhood prediction revenue to keep climbing: $650 million from event contracts at Robinhood this year, rising to $1.7 billion by 2028. For casino and sportsbook players, that's a signal the yes/no betting format is going mainstream fast.

Why should casino players care about the coinbase robinhood prediction boom?

Prediction markets are the same yes/no instinct that drives sportsbook betting, just wrapped in a brokerage app. Chhugani sees Robinhood's event contract revenue hitting $650 million this year and more than doubling to $1.7 billion by 2028. which would slightly beat the $1.6 billion he expects from crypto trading. Coinbase is forecast to pull $2 billion from event contracts and derivatives by 2028, up from $600 million this year.

That's real money moving into a betting-adjacent product. If you already bet on sports or play at online casinos, you'll see more platforms pushing event contracts at you. Treat them as gambling, not investing. The house edge lives in the fees, and the long-run maths doesn't change because the app looks like a stock broker.

What does this mean for the betting and casino industry?

Brokerages are using prediction markets as a customer funnel, and that's the part casino watchers should note. Robinhood's leadership has said plenty of retail traders who join for yes/no contracts later move into options, futures and retirement accounts. Chhugani's numbers back the acquisition logic: Bernstein lifted its Robinhood top-line estimates by 3% for 2026, 4% for 2027 and 3% for 2028.

For licensed casino and sportsbook operators, this is competition for the same recreational pound. Digital currency event contracts are among the fastest-growing non-sports segments in prediction markets right now. Expect more crossover marketing, more bonus-style sign-up offers. and more blurring between "trading" and "betting." Our casino guides explain how to read the small print on any offer before you commit cash.

How should smart players handle prediction markets and casino betting?

Smart players separate entertainment money from investing money and check the licence before anything else. Prediction market platforms and casino sites are regulated differently, and the protections aren't the same. Before you deposit, confirm who holds the licence, read the fee structure, and set a hard monthly limit.

In our checks, the players who get hurt are the ones chasing losses across products. Use responsible gambling tools like deposit caps and time-outs, and if betting stops being fun, reach out to BeGambleAware.org or self-exclude through GAMSTOP. Compare licensed operators at our best online casinos page, where every brand we recommend holds a valid licence and publishes clear payout terms.

The bottom line for players

Prediction markets are growing because the yes/no format is addictive and easy to sell, and Bernstein's forecasts show Coinbase and Robinhood cashing in hard through 2028. That doesn't make event contracts a safe investment, and it doesn't make casino betting a path to profit. Smart players treat both as paid entertainment, set limits before they play, and stick to licensed, transparent operators. If you want the buzz without the blur, start with our casino bonuses breakdown so you know exactly what a wagering requirement costs you.

For support and to set deposit, loss or time limits, see BeGambleAware and GamCare.

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