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INSANE: 9 | Rare Historical Photos

‘That’s a good thing for democracy’: Is gambling making politics fun?

Is election betting good fun, civic engagement, or a threat to democracy itself? asks Josh Marcus

The Independent UK

Donald Trump gains the upper hand in the prediction markets—an indicator more accurate than polls, expert claims

More than $1.9 billion in crypto has been wagered on this presidential election on Polymarket. Here's why that matters

Fortune

Last-minute Legal Ruling Allows Betting On US Election

Millions of dollars have poured into bets on who will win the US election after a last-minute court ruling opened up gambling on the vote, upping the stakes on a too-close-to-call race that has already put voters on edge.

International Business Times

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Short Circuit: A Roundup of Recent Federal Court Decisions

Stem cells, boondoggles, and watering flowers.

Reason

At the Races: Please bet responsibly - Roll Call

This week, there’s a certain irony to our newsletter being called “At the Races.” And no, it’s not because Pete Rose, Major League Baseball’s all-time hits leader who was banned from baseball for betting on the Cincinnati Reds, died Monday at age 83. Betting on the outcome of the congressional…

Roll Call

Betting on the election will soon be legal in US after massive court ruling

Betters have already poured hundreds of millions of dollars into the political prediction market

The Independent UK

Polymarket reportedly seeks to raise an additional $50 million amid election fever

Fortune

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Federal Agency Warns Against Betting On U.S. Elections

The Commodities and Futures Trading Commission opposes betting on U.S. elections to safeguard against market manipulation and protect election integrity.

Top News

Polymarket likely to remain offshore for now despite ruling in favor of U.S. election betting

The predictions market Kalshi successfully sued the Commodity Futures Trading Commission, which might appeal the ruling.

Fortune

Some companies want to bet on US elections. Not everyone agrees.

Critics are concerned platforms like Kalshi’s plans to offer bets on upcoming elections could sway the outcome.

Al Jazeera

The startup that lets hedge funds bet millions on real-life events

With its bid to let Americans wager on elections put on ice by federal watchdogs, Kalshi Inc. is now shopping a plan to let hedge funds easily wager millions of dollars on more real-life events.

Tribune News Service

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Reason

PredictIt Helps Forecast Election Results. Bureaucrats Are Trying To Kill It.

Election betting markets are often more reliable than pundits. Did the site steal user funds? No. Did they lie to people? No. Harm anyone? No.

Tribune News Service

US elections may be the next big bet for Wall Street

WASHINGTON — American political junkies may get to bet tens of thousands of dollars legally on the outcome of November’s U.S. congressional elections.

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