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Latin Times
Latin Times
Business

Path to Betting on US Elections Opened Just in Time For Harris Trump Showdown

United States Kalshi CFTC Jia Cobb Donald Trump Kamala Harris Rostin Behnam New York
Kamala Harris and Donald Trump (Credit: AFP)

A federal judge has allowed betting on election results in the US in some states less than two months ahead of the 2024 United States elections after the overturning of a prohibition imposed on gambling companies.

Last November, Kalshi, a financial institution based in New York, sued the Commodities Futures Trading Commission (CFTC) in an attempt to overturn a decision preventing companies from offering what amounts to bets on outcomes of Congressional elections.

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