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Court Rules It’s Legal To Bet On The Presidential Election

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Ally Reid

Wednesday, October 2nd, 2024 10:57pm

Seeing your political party’s presidential candidate win the election can now be a profitable venture. A federal appeals court in Washington has cleared the way for gambling company Kalshi to take bets on the upcoming election by lifting a temporary freeze on the operation, federal documents reveal. “We are incredibly honored to bring safe, regulated, and trusted election markets to the US,” says Kalshi CEO Tarek Mansour. “This week is the dawn of a new era for financial markets.” Source: Politico

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