Similar Stories to Political Betting Could Soon Be Legal—and It’s The Last Thing This Election Needs on Bing News

Jay Willis, Fast Company
Sat, 09/21/2024 - 6:00am

A U.S. appeals court is weighing whether prediction market Kalshi can take bets on elections. Are we really ready to gamble on democracy? As if elections in the United States weren’t already poisoned by money, there may soon be yet another way for people to pour theirs into the process. Late last week, a federal judge cleared the way for Kalshi, a startup exchange dedicated to “trading on the outcome of future events,” to take bets on which political party will control the House and Senate after the November election.

Topics: u.s united states senate november interactive brokers vice president kamala harris president donald trump white house kalshi house political election bets

Place your ad here
Loading...

BING NEWS:

Political betting could soon be legal—and it’s the last thing this election needs
A U.S. appeals court is weighing whether prediction market Kalshi can take bets on elections. Are we really ready to gamble on democracy?
09/20/2024 - 10:00 pm | View Link
Kalshi, CFTC get philosophical about gaming, elections and more in latest hearing
Kalshi and the CFTC gave oral arguments for their case involving futures contracts on US Congressional elections ...
09/20/2024 - 12:43 pm | View Link
The Weird and Stupid Teamsters Non-Endorsement Fiasco
The Teamsters’ non-endorsement of any candidate for U.S. president this week is notable in that it fails on every last one of those metrics.
09/20/2024 - 7:07 am | View Link
District Court Charts Pathway for Election Gambling
Kalshi is a CFTC registered exchange that allows for the placing of cash bets on a variety of real-world events. Specifically, through what it ...
09/20/2024 - 5:41 am | View Link
CFTC Appeals Kalshi Ruling, Seeks Ban on Election Betting Contracts
CFTC appeals court ruling to block Kalshi’s election betting contracts, citing risks to US election integrity and regulation.
09/19/2024 - 8:52 pm | View Link
More

More Movie News

More Business News

JD Vance suggested the US's support for NATO could be pulled if Europe tries to regulate X as free speech debate rumbles on
Business Insider, Saturday - 09/21/2024 - 02:24 PM
Vance made the comments on the "Shawn Ryan Show."Chip SomodevillaJD Vance suggested the US may reconsider NATO support if the EU tries to regulate Elon Musk's X. Vance seemed to reference a letter from Thierry Breton to Musk. Vance made the comments during an appearance on the "Shawn Ryan Show."JD Vance suggested that the US may reconsider its support for NATO if the European Union pursued regulations targeting social media platforms, particularly Elon Musk's X.
More | Talk | Read It Later | Share
Elon Musk's X is the least-trusted Big Tech company, according to a survey — on par with the US government
Business Insider, Saturday - 09/21/2024 - 02:18 PM
A survey found that Elon Musk's X is the least-trusted Big Tech company for US adults. Matt Cardy/Getty ImagesElon Musk's X is the least trusted Big Tech company, a survey found. Only 28% of respondents trusted X, which is about how many trusted the US government. Americans trust companies like Google, Amazon, and Meta more.
More | Talk | Read It Later | Share
Elon Musk abandons his fight in Brazil
Business Insider, Saturday - 09/21/2024 - 12:57 PM
Elon Musk, who owns X, appears to be finally giving in to authorities in Brazil. Apu Gomes/Getty ImagesElon Musk's X has tapped out in its fight with Brazil's Supreme Court. Musk's lawyers say X has finally complied with court orders after months of resistance. It's a surprising reversal for Musk, who viewed it as a battle over free speech.
More | Talk | Read It Later | Share
Israeli airstrike on Beirut killed at least 37, including the commander of a Hezbollah special forces unit
Business Insider, Saturday - 09/21/2024 - 11:48 AM
Israel and Hezbollah have been exchanging strikes since October. Anadolu/ Getty ImagesAn Israeli airstrike on a Beirut suburb killed at least 37 people. Two Hezbollah commanders, Ibrahim Aqil and Ahmed Wahbi, are said to have died in the strike. It comes amid growing tensions in the Middle East. An Israeli airstrike on a Beirut suburb on Friday killed at least 37 people, including three children, Lebanon's health ministry said Saturday.
More | Talk | Read It Later | Share
New build-to-rent neighborhood aims to inject housing into fast-growing Leander
BizJournals, Saturday - 09/21/2024 - 11:04 AM
Developers say build-to-rent housing fills a need for people ready to progress from apartment living as high prices put home ownership out of reach for many. At the end of this report, check out a list of homebuilders in the Austin metro.
More | Talk | Read It Later | Share
TQL wraps third HQ expansion in Clermont County with pickleball courts, gym, golf simulator
BizJournals, Saturday - 09/21/2024 - 10:00 AM
With TQL's latest HQ expansion, the $6.7 billion brokerage and logistics firm is now maxed out at Ivy Pointe in Union Township. What will the company do when it runs out of space again?
More | Talk | Read It Later | Share

Similar Stories to Political Betting Could Soon Be Legal—and It’s The Last Thing This Election Needs on Bing News

Welcome to Wopular

MoviesWithButter : Our Sister Site

More Business News