Court Allows Betting On U.S. Congressional Elections To Resume -- For Now


Court Allows Betting On U.S. Congressional Elections To Resume -- For Now

Better Markets, a non-profit group advocating for the public interest in financial markets, called it "a sad and ominous day for election integrity in the United States."

"Gambling on elections will create powerful new incentives for bad actors to interfere with our elections and sway voters outside of the democratic process," said Stephen Hall, the group's legal director. "The use of AI, deepfakes and social media to manipulate voters and influence election outcomes has already become all too real. Ready access to an election gambling contract such as Kalshi's will intensify that danger with the promise of quick profits."

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