Betting on congressional elections is lawful, federal appeals court rules
- A federal appeals court in Washington, DC, ruled that election betting is lawful, rejecting a government watchdog's request to stop it.
- Kalshi, an online betting platform, resumed its congressional control contracts, allowing bets on which party will control Congress in 2025.
- A panel of judges determined that the Commodity Futures Trading Commission did not provide sufficient evidence of harm to elections from the betting.
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Leaning Left10Leaning Right3Center14Last UpdatedBias Distribution52% Center