Comment on US court may overturn ban on betting on elections

US court may overturn ban on betting on elections

A court could overturn a ban that would allow Americans to legally bet on the US elections. A federal judge in the District of Columbia has sided with predictive market company Kalshi against the Commodity Futures Trading Commission (CFTC). In 2023, the CFTC denied the New York-based firm’s request to allow its customers to bet on Congressional outcomes.

 

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