Reported about 1 month ago
A recent ruling by a federal judge allows Americans to legally bet on congressional election outcomes via the prediction-market startup Kalshi. This decision could enable political betting markets to flourish, although the Commodity Futures Trading Commission (CFTC) is seeking a delay in implementation during an appeal process. Kalshi aims to list its congressional-control contracts soon, marking a significant milestone in U.S. election wagering, despite concerns regarding the implications for election integrity.
Source: YAHOO