US EditionBetting on elections threatens confidence in voting and should be banned, US agency says
- The Commodities and Futures Trading Commission warns that betting on U.S. elections risks manipulation, harming voter confidence in results, and seeks a ban on such activities.
- The commission is attempting to stop New York startup Kalshi from offering election bets for the upcoming congressional elections.
- The commission states manipulation has occurred before and asserts that election gambling threatens the integrity of elections.
39 Articles
39 Articles
Legalized election betting should be banned, ‘will harm the public interest,’ says U.S. agency
The Commodities and Futures Trading Commission is trying to prevent New York startup company Kalshi from resuming offering bets on the outcome of this fall’s congressional elections.
Portland Press Herald
The New York LedgerBetting on elections threatens confidence in voting and should be banned, U.S. agency says
The federal government is warning that allowing people to bet on the outcome of U.S. elections poses too much of a risk to be allowed in the United States
Associated Press News
Betting on elections threatens confidence in voting and should be banned, US agency says
ATLANTIC CITY, N.J. (AP) — Allowing people to bet on the outcome of U.S. elections poses a great risk that some will try to manipulate the betting markets, which could cause more harm to the already fragile confidence voters have in the integrity of results, according to a federal agency that wants the bets to be banned. The Commodities and Futures Trading Commission is trying to prevent New York startup company Kalshi from resuming offering bet…
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