EDITORIAL: Does betting on elections hedge political risk — or create more of it?

Tuesday, October 8, 2024 8:29 PM
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  • Editorial Board, The Washington Post

Want to bet which party wins the House and Senate on Nov. 5? You can now lay money on that question legally, thanks to an unfortunate ruling last Wednesday by a three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit. The decision lifted a temporary stay on such wagering issued in September.

The ruling is not the final word. The D.C. Circuit must still review a district court order allowing the practice on the merits. Yet it is a step in the wrong direction: toward turning electoral politics, like professional and college sports, into a locus of gambling.