Rothera Teaming Up With Stats Perform on Sports Derivatives Data, Settlement

Rothera, the prediction market that’s a joint venture between Robinhood Markets (NASDAQ: HOOD) and Susquehanna International Group, announced it selected Stats Perform as the exchange’s data provider for sports event contracts.

The data provider will support the “creation, trading and settlement of sports event contracts” across Rothera’s trader-facing exchange and the related clearing platform. News of the partnership emerges as college football heads into Week 1 this weekend and ahead of the start of the 2026 NFL season, which is expected to be a crucial period for sports-heavy yes/no exchanges.

Financial terms of the partnership weren’t disclosed.  Robinhood and Susquehanna formed Rothera last November and since then, it’s become one of the fastest-growing prediction markets in the U.S. with a significant percentage of its volume attributable to sports derivatives.

Combos Flag Demand for Strong Data

In the statement, Rothera and Stats Perform note the data accord will initially pertain to event contracts on college and professional football, the NBA, men’s and women’s college basketball, ATP and WTA tennis and Formula 1.

“As institutional participation in event contract markets continues to grow, Rothera is focused on expanding the regulated exchange and clearing infrastructure needed to support that demand,” according to the press release. “Access to accurate, reliable sports data is an important part of that effort, to support clearly defined contracts, transparent markets and objective settlement.”

Rothera’s partnership with Stats Perform arrives at a time when sports derivatives still account for as much as 80% (or more) of turnover on some of the largest domestic prediction markets.

The need for reliable sports data is the all the more vital at a time when combos, or parlay-style wagers, are a growth engines for all-or-nothing exchanges. By one estimate, multi-leg bets — nearly all of which focus on sports — accounted for half of contract volume on U.S. prediction markets last month, more than triple the percentage seen six months prior.

Wall Street Bullish on Robinhood’s Prediction Market Exposure

While Rothera is structured as a separate entity from Robinhood, Wall Street is nonetheless enthusiastic about prediction markets’ effects on the stock. In a new Tuesday report, Morgan Stanley analyst Michael Cyprys upgraded the financial services stock to “overweight” from “under-weight,” noting the company’s prediction market plans are a “proof point” of ongoing revenue expansion.

“Rothera extends Robinhood’s distribution advantage into infrastructure,” observes the analyst.

California-based Robinhood has consistently noted prediction markets represent its fastest-growing business in company history.