Interactive Brokers set to debut election betting as Kalshi secures legal win

According to Interactive Brokers, following a federal court's decision in favor of Kalshi, a prediction market operator attempting to offer event contracts on US elections, wagering on the results of the elections will begin on Monday, September 16.

There is a demand for it. Data showed that as of the beginning of August, bets on the US presidential contest had exceeded $1 billion on gray market sites like Smarkets and PredictIt.
 
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