A controversial betting exchange has proposed changing its regulations to forbid betting on political outcomes. The proposal came from a US government agency.
Political wagering through regulated sportsbooks is still illegal in all of the US, despite being popular in the UK and throughout Europe. However, wagering exchanges have found a gray way around state and federal laws by enabling the peer-to-peer buying and selling of shares.
Political wagering through regulated sportsbooks is still illegal in all of the US, despite being popular in the UK and throughout Europe. However, wagering exchanges have found a gray way around state and federal laws by enabling the peer-to-peer buying and selling of shares.