Reported 28 days ago
A federal court in Washington has ruled against the Commodity Futures Trading Commission's prohibition of election outcome betting, which could pave the way for legal betting on U.S. elections, currently banned in many states. Following this decision, the court has delayed further proceedings until a planned hearing where more details will be provided. Despite the legal uncertainty, betting on elections remains prevalent in Europe, and major U.S. sportsbooks have expressed interest in joining the market if legalized.
Source: YAHOO