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Thursday, October 3, 2024

Election betting is legal, federal appeals court says

Election betting is legal, federal appeals court says
A federal appeals court declined to block Wednesday a lower-court decision that allowed betting on 2024 federal elections, a blow to the government agency that argued doing so could undermine election integrity. The Commodity Futures Trading Commission (CFTC) had asked the appeals court to block the prediction exchange platform Kalshi from offering “Congressional Control Contracts,”…

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