Tag: Election Wagering
Ex-UK lawmaker among 15 charged with cheating in election betting scandal
LONDON (AP) — A former Conservative lawmaker and 14 others have been charged with cheating when placing bets on the timing of Britain’s... more
Why U.S. gambling regulators have had it with event contracts
The predict has hit the fan. In case you weren’t aware, there is a growing battle over sports-related event contracts being fought by... more
British bookmaker offers odds on third term for President Trump
British bookmaker William Hill has become the first UK platform to offer bets on President Trump upending the US Constitution to serve a... more
Why there may be more betting on the Canadian election than ever before
This may be the most-bet Canadian election in history. Surely, the news that Canadians will vote on Apr. 28 had a few folks scrambling to... more
Kalshi given time to address Nevada cease-and-desist on offering sports, elections contracts
Just ahead of its deadline, the Nevada Gaming Control Board late Friday gave Kalshi, an American financial exchange and prediction market... more
U.S. financial watchdog argues it can scrutinize election betting ‘casino’
Wagering on elections in the United States using event contracts may now seem like an established thing – after all, millions were bet... more
OPINION: To protect democracy, D.C. Circuit should uphold CFTC’s prohibition of gambling on elections
Beginning in 2022, KalshiEX LLC sought to introduce an “event contract” allowing speculators to wager up to $100 million on the... more
Kalshi names Donald Trump Jr. as strategic advisor to prediction market firm
Prediction market company Kalshi is adding Donald Trump Jr., the eldest son of the president-elect, as a strategic advisor, the company... more
Exit of CFTC chair removes U.S. election betting opponent
One of the most influential people standing in the way of wider-spread wagering on U.S. elections is about to step aside, perhaps opening... more
Bill introduced in U.S. House would ban election wagering
After Americans legally bet hundreds of millions on the 2024 election, two members of Oregon’s congressional delegation and a Maryland... more
