The website Kalshi, which allows users to wager on political outcomes, recently added over 25 new contracts for various wagers on US political events. The Electoral College, Senate races, and the presidential election are now all up for wagering.
Kalshi maintains that its activities are legal and under control. "The exchange maintains open lines with federal officials, tracking customer actions in detail," the CEO said. He dismissed concerns that election fairness would be impacted by the contracts.
Kalshi maintains that its activities are legal and under control. "The exchange maintains open lines with federal officials, tracking customer actions in detail," the CEO said. He dismissed concerns that election fairness would be impacted by the contracts.