U.S. Election Betting: Regulated Presidential Markets Are Live, and Tiny Compared to Polymarket’s
With a month to go before Election Day, Kalshi and Interactive Brokers have listed prediction markets on the race for the White House.
Kalshi
U.S. Election Betting: Kalshi Preps Presidential Prediction Markets After Re-Launching Congressional Contracts
The CFTC “has failed to demonstrate that it or the public will suffer irreparable injury absent a stay pending appeal,” an appeals court said, clearing the prediction market to resume listing the contracts.
Prediction Markets Go to Washington(‘s Appeals Court)
The CFTC is working to ban political prediction markets. Its current goal: Get a federal appeals court to keep one from launching while it argues a judge was mistaken in overturning its rejection of Kalshi.
U.S. Election Betting: CFTC, Kalshi Both Grilled by Judges in Appeals Court
A panel of judges grilled attorneys for the U.S. Commodity Futures Trading Commission and prediction-betting platform Kalshi over the company’s efforts to launch political prediction markets in the U.S., without indicating whether they’d allow Kalshi to offer these products while reviewing a lower court’s ruling on the products.
‘An Explosion of Election Gambling’ Is Nigh, CFTC Warns Appeals Court
The regulator pleaded with the court to halt Kalshi’s political prediction markets for the duration of the CFTC’s appeal.
Even Temporarily Blocking Election Contracts Risks ‘Irreparable’ Harm, Kalshi Argues
Prediction market company Kalshi pushed back against the Commodity Futures Trading Commission’s move to block its new election contracts, saying they would harm the company.
U.S. Political Prediction Markets: Why Kalshi’s Court Victory Matters
If it turns out that the judge’s ruling preempts the CFTC’s proposed rulemaking, election event contracts may now be completely legal.
Kalshi’s New Political Prediction Markets Halted as CFTC Appeals Loss
The U.S. Commodity Futures Trading Commission appealed its loss against prediction markets platform Kalshi to the D.C. Appeals Court late Thursday.
Kalshi Lists Election Contracts After Defeating CFTC in Court
The agency plans to appeal the case brought by the trading platform, and could still ask the higher court to stop the firm from listing the contracts.
U.S. Election Betting: What’s at Stake in Final (?) CFTC-Kalshi Showdown
Here’s how to listen to Thursday’s hearing in the closely watched federal court case over political prediction markets, and why it matters.