DC Circuit Court Rules Kalshi’s US Election Bets Legal

Publikováno: 5.10.2024

#Legal #Circuit Judge Millett #Commodity Futures Trading Commission.#Congressional Control Contracts #election betting #election integrity #event contracts #Kalshi #legal ruling #Prediction Market #U.S. Court of Appeals

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DC Circuit Court Rules Kalshi’s US Election Bets Legal

This week, the U.S. Court of Appeals for the District of Columbia Circuit has ruled in favor of the predictions market Kalshi, allowing the commodities exchange to offer event contracts based on the outcome of U.S. congressional elections. Circuit Judge Millett’s opinion supports the legality of the contracts, dismissing claims of gaming or election gambling. […]