U.S. Election Betting Set to Resume at Kalshi Following Appeals Court Ruling

One of the few legal avenues for de facto election betting in the United States may soon reopen following a favorable ruling for Kalshi.

One of the few legal avenues for de facto election betting in the United States may soon reopen following a favorable ruling for prediction market Kalshi.

While the decision had been subject to an “administrative stay," and election betting at Kalshi had been paused pending the outcome of the court process, the Commodity Futures Trading Commission was seeking a full stay pending an appeal to the D.C. Circuit judges. Interesting ruling. The D.C.

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