Comment on Billions flow into U.S. prediction markets after election betting ban lifted

Billions flow into U.S. prediction markets after election betting ban lifted

After the recent lifting of the U.S. ban on election betting, billions of dollars have reportedly flowed into prediction markets, with these platforms now competing with polls as key indicators of the upcoming November elections. In October, ReadWrite reported that derivatives trading platform KalshiEx LLC was cleared to facilitate Americans’ bets on election results following a ruling by the Court of Appeals.

 

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