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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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  • 52% of the sources are Center
52% Center
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