Federal appeals court allows prediction market Kalshi to offer US election betting
A federal appeals court in Washington, DC, on Wednesday allowed a prediction market to offer election betting, denying a government watchdog’s request to halt a ruling that made way for legal political gambling in the United States.
U.S. court opens door for more election betting this fall
KalshiEx wins a legal battle against the CFTC, opening the door for election betting in 2024. Regulators had sought to block some such wagers.
Court Says Betting on U.S. Congressional Elections Can Resume, for Now
Betting on the outcome of U.S. Congressional elections can resume, at least temporarily, a federal appeals court ruled Wednesday. The U.S. Court of Appeals for the District of Columbia Circuit dissolved an order it had previously issued that prevented New York startup company Kalshi from taking bets on which political party would control the House and Senate after this November's elections.
Election Betting Is Legal Again, Appeals Court Rules
A federal appeals court has legalized election betting in the run-up to the November presidential vote, handing a defeat--at least temporarily--to regulators’ last-ditch battle against the emergence of U.
US appeals court clears Kalshi to restart elections betting
A U.S. federal appeals court on Wednesday upheld a lower court's order that permitted New York derivatives trading platform KalshiEX LLC to list contracts that allow Americans to bet on election outcomes.
Bets on US Elections Get Fresh Green Light From Appeals Court
Americans can again wager legally on congressional elections after a US appeals court set the stage for a deluge of bets just five weeks before November’s polls.
Election betting is cleared, for now, by U.S. appeals court
The prediction market startup Kalshi is clear, for now, to offer markets on which party will control each house of Congress after the next election. Why it matters: Smaller markets offering bets on elections have existed for a long time and,
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